June 9, 2011: DLF
We recommend a buy in the stock with stiff stop-loss at Rs 230 levels.
ICICI Bank
Initiate fresh short position only if the stock dives below Rs 1,035 levels with tight stop-loss.
Infosys
Fresh long position is recommended only if the stock moves beyond Rs 2,880 levels with stiff stop-loss.
L&T
We recommend a buy in the stock with stiff stop-loss at Rs 1,708 levels.
ONGC
We reiterate our sell recommendation in the counter as the near-term outlook remains negative, with tight
stop-loss at Rs 270 levels.
Reliance Industries
Initiate fresh long position only if RIL advances beyond Rs 965 levels with fixed stop-loss.
SBI
Fresh short position can be initiated if SBI fails to move beyond Rs 2,280 levels with tight stop-loss.
Tata Motors
The stock is experiencing buying interest at lower levels. We recommend a buy in the stock with stiff
stop-loss at Rs 1,010 levels.
Tata Steel
Initiate fresh long position if the stock rebounds from Rs 568 levels with stiff stop-loss.
Nifty Futures
Nifty Futures was choppy in the last trading session. Fresh long position can be initiated if Nifty Futures jumps
above 5,560 levels with tight stop-loss.
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