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ICICI Bank

The stock is struggling with the resistance at Rs 1,070, having formed a bearish hanging-man candle stick pattern in the previous session. Fresh buying is recommended only on a move beyond Rs 1,070.

Infosys

It has retraced 50 per cent of the recent short-term up move. Buy with a stop loss at Rs 1,850.

L&T

The near-term correction could have ended in the last trading session. We recommend a buy in L&T.

ONGC

It has moved up in line with our expectation but volatility is expected as the stock is near its previous all-time high. Fresh longs should be initiated only if it moves above Rs 1,015.

Reliance Capital

Contrary to our expectations, the stock resumed its uptrend on last Friday. We recommend a buy as long as it remains above Rs 1,740.

Reliance Comm

The stock has resumed its near-term up trend on Friday. We recommend a buy.

Reliance Industries

RIL is halting above key short-term support. Buy with a stop loss at Rs 2,255.

Satyam Computer

Buy the stock if it reverses from the zone between Rs 430 and Rs 435.

SBI

On Monday, the stock declined and formed a bearish engulfing candlestick pattern, Sell if it fails to surpass Rs 1,984.

TCS

It reversed from Rs 1,075, as anticipated by us. But we do not recommend initiating fresh shorts in the stock unless it declines below Rs 1,015.

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