Nifty Futures: Initiate fresh long position with tight stop-loss if Nifty Futures rebounds upwards from 5,800 levels.
DLF: Fresh long position is recommended with tight stop-loss only if the stock rallies above Rs 273 levels.
HDFC Bank: Make use of dips to buy the stock while retaining tight stop-loss at Rs 638 levels.
ICICI Bank: The stock is hovering at key support level. Fresh long position can be initiated with stiff stop-loss only if the stock advances above Rs 1,063 levels.
Infosys: Initiate fresh short position with fixed stop-loss if the stock reveres down from Rs 2,879 levels.
ITC: The near-term outlook for the stock is positive. We reiterate our buy recommendation on the stock with tight stop-loss at Rs 302 levels.
Reliance Industries: Make use of dips to buy the stock while maintaining tight stop-loss at Rs 820 levels.
SBI: Initiate fresh long position with fixed stop-loss if SBI rebounds up from Rs 2,220 levels.
Tata Motors: Fresh short position is recommended with tight stop-loss if the stock declines below Rs 283 levels.
United Spirits: On Monday, the stock climbed almost 2 per cent with good volume. Its near-term stance remains bullish as long as the stock trades above Rs 1,980 levels. We recommend a buy on it with stiff stop-loss at Rs 1,980.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.