DLF: We reiterate our buy recommendation in the stock with fixed
stop-loss at Rs 199.
ICICI Bank: Fresh long position is recommended with tight
stop-loss only if the stock advances beyond Rs 959 levels.
Infosys: Fresh long position can be initiated with stiff
stop-loss if the stock surpass above Rs 2,550.
L&T: Witnessing buying interest, the stock climbed 2.8 per
cent with above average volume in the last trading session. We recommend
a buy in the stock with fixed stop-loss at Rs 1,395.
ONGC: Fresh short position can be initiated with tight stop-loss
if the stock fails to rally above Rs 283 levels.
Reliance Industries: Fresh long position can be initiated with
tight stop-loss if RIL reverses higher from Rs 788 levels.
SBI: Initiate fresh long position with stiff stop-loss only if
SBI jumps above Rs 1,880 levels.
Tata Motors: On Wednesday, the stock jumped five per cent
accompanied by good volume. We recommend a buy in the stock with fixed
stop-loss at Rs 259 levels.
Tata Steel: Make use of dips to buy the stock while maintaining
stiff stop-loss at Rs 382 levels.
Nifty Futures: Nifty Futures advanced 41 points on Wednesday. As
long it trades above 5,400 levels, its near-term stance remains bullish.
We recommend a buy in Nifty Futures with tight stop-loss at 5,400.
