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DLF: Initiate fresh long position with tight stop-loss if DLF rallies above Rs 237 levels.
ICICI Bank: We recommend a sell in the stock while maintaining stiff stop-loss at Rs 1,065 levels.
Infosys: Initiate fresh short position with fixed stop-loss only if the stock drops below Rs 2,530 levels.
L&T: Fresh long position can be initiated with tight stop-loss only if the stock exceeds above Rs 1,610 levels.
ONGC: On Thursday, the stock fell two per cent breaching its 21-day moving average. Near-term outlook remains negative as long as the stock trades below Rs 278 level. Make use of rallies to sell the stock while maintaining stiff stop-loss at Rs 278.
Reliance Industries: The stock has been moving sideways over the past six trading sessions, with negative bias. Fresh short position can be initiated with stiff stop-loss if the stock declines below Rs 823 levels.
SBI: Fresh long position is recommended with tight stop-loss only if SBI moves beyond Rs 2,265 levels.
Tata Motors: We recommend a sell in the stock while retaining fixed stop-loss at Rs 263 levels.
Tata Steel: Initiate fresh long position with stiff stop-loss if the stock jumps above Rs 402 levels.
Nifty Futures: We re-affirm that fresh long position is recommended with tight stop-loss only if Nifty Futures rallies above 5,700 levels.
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