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Wednesday, Jan 02, 2008
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Day Trading Guide


ICICI Bank

We maintain our prior view of desist trading in this stock for the session.

Infosys

Sell the stock in rallies with stop at Rs 1778.

L&T

Contrary to our view, the stock fell in the last session and has been trading in a narrow range of Rs 4,100 and Rs 4,200 for the past five trading sessions. Avoid trading in this counter for the session.

ONGC

Fresh buy should be initiated only when the stock moves above Rs 1,265.

Reliance Capital

We uphold our buy recommendation in this counter.

Reliance Communications

Buy the stock in dips with tight stop at Rs 731.

Reliance Industries

We retain our sell recommendation in RIL.

Satyam Computer

Our near-term outlook for the stock is bearish. We recommend a sell.

SBI

The stock is consolidating sideways. We recommend fresh selling should be initiated only when the stock declines below Rs 2,360.

TCS

In with our expectation the stock declined in the last session. We reaffirm our sell recommendation in TCS.

Yoganand D.

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