Nifty Futures: Nifty Futures is facing key resistance at 6,000 levels. Fresh long position can be initiated with tight stop-loss if Nifty Futures surges above 6,000 levels.
DLF: Initiate fresh long position with tight stop-loss only if DLF advance above Rs 281.
HDFC Bank: The near-term stance remains positive as long as the stock trades above Rs 650. We recommend a buy on the stock while maintaining stop-loss at Rs 650.
ICICI Bank: The stock is currently facing important resistance at Rs 1,150. Initiate fresh long position with fixed stop-loss if the stock climbs above Rs 1,150.
Infosys: Fresh short position is recommended with stiff stop-loss only if the stock declines below Rs 2,950.
ITC: The near-term outlook is bullish for the stock. Initiate fresh long position with tight stop-loss if the stock reverses higher from Rs 295.
Reliance Industries: Make use of dips to buy the stock while maintaining tight stop-loss at Rs 840.
SBI: The stock is testing key resistance level. Fresh long position is recommended with stiff stop-loss only if it rallies above Rs 2,220.
Tata Motors: Initiate fresh long position with fixed stop-loss only if Tata Motors jumps above Rs 306.
United Spirits: On Friday, the stock advanced almost 3 per cent accompanied by average volume, reinforcing bullish momentum. We recommend a buy on the stock with stiff stop-loss at Rs 1,883.
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