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Thursday, Dec 13, 2007
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Day Trading Guide


ICICI Bank

The stock is pausing at higher levels. Desist trading in the stock for the day.

Infosys

We recommend a sell.

L&T

The stock is still moving sideways in the range of Rs 4,200 and Rs 4,400. Stay away from trading in this counter till the stock starts trending up or down.

ONGC

Buy the stock in dips with stop at Rs 1,210.

Reliance Capital

The sock is trading at its all time highs. We do not notice any signs of reversal. Buy the stock in lows with stop at Rs 2,420.

Reliance Communications

We retain our buy recommendation.

Reliance Industries

We maintain our bullish view by recommending a buy with stop at Rs 2,850.

Satyam Computer

On Thursday the stock fell in line with our expectation. The near-term outlook for the stock is bearish. We uphold our sell recommendation.

SBI

Fresh buyers are emerging in the stock at lower levels. We revise our recommendation to a buy.

TCS

At present the stock is volatile within a narrow range. Fresh purchases should be initiated only when the stock moves above Rs 1,061.

Yoganand D.

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