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DLF: Fresh long position can be initiated with tight stop-loss if the stock climbs above Rs 219 levels.
ICICI Bank: On Tuesday, the stock surged 5.8 per cent accompanied by extraordinary volume. We recommend a buy in the stock with stiff stop-loss at Rs 888 levels.
Infosys: The near-term stance is bullish for the stock. We reiterate our buy recommendation in the stock with tight stop-loss at Rs 2,720 levels.
L&T: Fresh long position is recommended with tight stop-loss only if the counter jumps above Rs 1,320 levels.
ONGC: Initiate fresh long position with fixed stop-loss if the stock advances above Rs 278 levels.
Reliance Industries: Fresh long position can be initiated with tight stop-loss if RIL reverses higher from Rs 804 levels.
SBI: We recommend a buy in the stock with stiff stop-loss at Rs 2,035 levels.
Tata Motors: As long as the stock hovers above Rs 240, its near-term outlook stays positive. Make use of dips to buy the stock while maintaining fixed stop-loss at Rs 240 levels.
Tata Steel: Fresh long position can be initiated with stiff stop-loss if the counter jumps above Rs 458 levels.
Nifty Futures: Nifty Futures rebounded more than two per cent experiencing buying interest in the previous session. Its near-term stance remains bullish as long as it trades above 5,170 levels. We recommend a buy in Nifty Futures with tight stop-loss at 5,170 levels.
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