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.
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.