Fresh long position can be initiated if DLF advances above Rs 365 levels with stiff stop-loss.
ICICI Bank
The near-term outlook is positive for the stock. We re-affirm our buy recommendation in the stock.
Infosys
Initiate fresh long position the stock moves above Rs 3,010 levels with tight stop-loss.
L&T
We recommend a buy with stop-loss at Rs 2,065 levels. .
ONGC
Fresh long position can be initiated if the stock climbs above Rs 1,330 levels with rigid stop-loss.
Reliance Capital
As long as the stock trades below Rs 835, the near-term stance remains negative. Hence, fresh long position is recommended only if the counter move above this level with stiff stop-loss.
Reliance Communications
Initiate fresh long position only if Reliance Communications moves beyond Rs 185 levels with tight stop-loss.
Reliance Industries
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 1,080 levels.
SBI
Fresh long position can be initiated if SBI climbs above Rs 3,210 levels with tight stop-loss.
Nifty Futures
Nifty futures jumped 1.8 per cent, witnessing buying interest in the last trading session. We recommend a buy with stop-loss at 6,118 levels.
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