YOGANAND RECOMMENDS FROM HINDU :
DLF
Initiate fresh long position only if the stock bounces up from Rs 279 levels with tight stop-loss.
ICICI Bank
We recommend a buy in the stock with stiff stop-loss at Rs 1,122 levels.
Infosys
Make use of dips to buy the stock while maintaining stiff stop-loss at Rs 3,311 levels.
L&T
Desist trading in the counter as the near-term view is watchful.
ONGC
The near-term outlook stays bearish as long as ONGC stays under Rs 1,316 levels. We re-affirm our sell recommendation with tight stop-loss at Rs 1,316 levels.
Reliance Capital
Initiate fresh short position only if the stock drops below Rs 630 levels with rigid stop-loss.
Reliance Communications
Fresh long position can be initiated if the counter bounces up from Rs 125 levels with stiff stop-loss.
Reliance Industries
We recommend a buy in the stock with tight stop-loss at Rs 1,057 levels.
SBI
Fresh long position is recommended if SBI advances above Rs 2,766 levels with tight stop-loss.
Nifty Futures
As long as Nifty Futures hovers above 5,967 levels, the near-term stance remains positive. Utilise dips to buy Nifty futures with stiff stop-loss at 5,967 levels.
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12/22/10
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