Comments
DLF
We recommend a sell in DLF with stiff stop-loss at Rs 243 levels.
ICICI Bank
Make use of dips to buy the stock while maintaining tight stop-loss at Rs 1,108
Infosys
We reiterate our buy recommendation in Infosys with stiff stop-loss at Rs 2,920 levels.
L&T
Desist trading in the counter as the near-term stance is cautious.
ONGC
Initiate fresh long position if ONGC climbs above Rs 306 levels with stiff stop-loss.
Reliance Industries
Fresh short position can be initiated only if RIL fails to move beyond Rs 1,013 levels with tight stop-loss.
SBI
The near-term outlook is positive for SBI. We recommend a buy in the stock with fixed stop-loss at Rs 2,910 levels.
Tata Motors
As long as Tata Motors trades above Rs 1,243, the near-term stance stays positive. Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 1,243 levels.
Tata Steel
Initiate fresh long position only if the counter jumps above Rs 635 levels with tight stop-loss.
Nifty Futures
Fresh long position is recommended only if Nifty Futures moves above 5,925 levels with tight stop-loss.
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading
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