Business Daily from THE HINDU group of publications Wednesday, Nov 14, 2007 ePaper | Mobile/PDA Version |
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Stocks Markets - Recommendation
ICICI Bank In line with our anticipation, the stock gained in the last session. We reaffirm our buy recommendation. Infosys The stock is unable to hold its intra-day highs. We retain our sell recommendation. L&T The stock resumed the medium-term uptrend by surging 4 per cent. We maintain our buy recommendation. ONGC The short-term outlook for ONGC is bearish. Sell the stock in rallies with stop loss at Rs 1,260. Reliance Capital The stock is still moving sideways between Rs 1,800 and Rs 2,200 and has formed a doji candlestick pattern on Tuesday. Avoid trading in this stock while it is moving in the given range. Reliance Communications Rcom was volatile during the previous trading day. Buy the stock only when it moves above Rs 723. Reliance Industries RIL is consolidating in a narrow band. Buy the stock with a stop loss at Rs 2,600. Satyam Computer The stock is above a key support level of Rs 400 and the daily RSI is nearing the oversold region. Buy the stock in lows with tight stop loss. SBI We continue with our buy recommendation. TCS We retain our sell recommendation. Yoganand D More Stories on : Stocks | Recommendation
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