Fresh long position can be initiated if DLF moves beyond Rs 314 with tight stop-loss.
ICICI Bank
Initiate fresh long position if the stock bounces up from Rs 1130 levels with stiff stop-loss.
Infosys
Fresh short position can be initiated only if Infosys dives below Rs 2950 levels with stiff stop-loss.
L&T
Make use of declines to buy the counter with tight stop at Rs 2028 levels.
ONGC
We recommend a sell in ONGC with tight stop-loss at Rs 1278 levels.
Reliance Capital
Fresh long position is recommended only if Reliance Capital exceeds above Rs 703 with fixed stop-loss.
Reliance Communications
The near-term outlook is bearish for the stock. Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 151 levels.
Reliance Industries
RIL is testing key support level. Utilise dips to buy the stock with tight stop-loss at Rs 980 levels.
SBI
As long as SBI trades below Rs 3013, the near-term stance stays bearish for the stock. We recommend a sell with tight stop-loss at Rs 3013 levels.
Nifty Futures
Fresh long position can be initiated only if the Nifty futures moves above 5926 levels with tight stop-loss.
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