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Tuesday, Jan 01, 2008
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Day Trading Guide


ICICI Bank

The stock has formed a spinning top candlestick pattern in the last session, indicating neutral stance. Avoid trading in this stock for the session.

Infosys

On Monday’s trading the stock declined and formed a bearish engulfing pattern. We recommend a sell.

L&T

We maintain our buy recommendation.

ONGC

Fresh buy should be initiated only when the stock moves above Rs 1,250.

Reliance Capital

Buy the stock in dips with stop at Rs 2,548.

Reliance Communications

The stock opened with an upward gap in the last session. We recommend a buy.

Reliance Industries

As the stock is experiencing selling pressure at around Rs 2,950 levels, we recommend a sell.

Satyam Computer

Sell the stock in rallies with stop at Rs 466.

SBI

Fresh selling should be made only when the stock declines below Rs 2,350 level.

TCS

We recommend a sell in TCS.

Yoganand D.

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Day Trading Guide
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Low-priced stocks steal the show on bourses
Indian market doubles in value in 2007
BSE-Power index star performer
De-merger buzz lifts Ranbaxy
Rise in salaries will continue, say cos


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