DLF
Fresh short position is recommended only if DLF drops below Rs 253 levels with tight stop-loss.
ICICI Bank
Initiate fresh short position if the stock declines below Rs 1000 with stiff stop-oss.
Infosys
As long as the stock trades below Rs 3,225 levels, the near-term stance remains bearish for the stock. We recommend a sell in the stock with stiff stop-loss at Rs 3,225 levels.
L&T
Fresh long position can be initiated only if the counter moves beyond Rs 1,725 levels with tight stop-loss.
ONGC
Make use of rallies to sell the stock with rigid stop-loss at Rs 1,195 levels.
Reliance Capital
The near-term stance is bearish for the stock. We recommend a sell in the stock with tight stop-loss at Rs 625 levels.
Reliance Communications
Initiate fresh short position if the stock fails to move beyond Rs 140 levels with stiff stop-loss.
Reliance Industries
Fresh short position is recommended only if RIL dives below Rs 986 with tight stop-loss.
SBI
The stock declined 2 per cent on Friday. The near-term outlook stays negative as long as it hovers below Rs 2,530. We recommend a sell with tight stop-loss at Rs 2,530 levels.
Nifty Futures
Fresh short position can be initiated only if Nifty futures reverses from 5,690 levels with stiff stop-loss.
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1/17/11
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