Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation would be valid for today's trading only.
DLF
Utilise declines to buy the stock with tight stop-loss at Rs 313 levels.
ICICI Bank
Initiate fresh short position if ICICI Bank fails move beyond Rs 1197 levels with firm stop-loss.
Infosys
The stock advanced 2.5 per cent accompanied with above average volume on Monday. We recommend a buy with stiff stop-loss at Rs 3020 levels.
L&T
The stock is moving sideways in a narrow band. Desist trading in the stock for the session.
ONGC
Initiate fresh long position if ONGC surges above Rs 1310 with fixed stop-loss.
Reliance Capital
The stock is experiencing buying interest at lower levels. Make use of dips to buy the stock while maintaining tight stop-loss at Rs 690.
Reliance Communications
Utilise rallies to sell the stock while maintaining rigid stop-loss at Rs 152 levels.
Reliance Industries
We recommend a buy in the stock with stiff stop-loss at Rs 996 levels.
SBI
Fresh long position is recommended only if the counter climbs above Rs 3060 levels with tight stop-loss.
Nifty Futures
Initiate fresh long position if Nifty futures exceeds above 648 levels with stiff stop-loss.
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