Business Daily from THE HINDU group of publications
Tuesday, Jan 15, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Jan 15, 2008 ePaper | Mobile/PDA Version |
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Technical Analysis Markets - Recommendation 
ICICI Bank As long as the stock trades above Rs 1,350, the near-term outlook continues to be positive. Buy the stock in dips with stop at Rs 1,350. Infosys The stock is hovering just above a key support level of Rs 1,510. Fresh selling should be initiated only when the stock falls below this support level. L&T We recommend a sell in this counter. ONGC We recommend a buy with stop at Rs 1,250. Reliance Capital The medium-term uptrend is still in place and daily momentum indicator is featuring in the bullish region. We recommend a buy in this stock. Reliance Communications Our short-term out look for the stock is bullish. We recommend a buy with stop at Rs 794. Reliance Industries We recommend a buy in RIL. Satyam Computer The daily momentum indicator has entered the bearish region. The near-term stance is bearish in this counter. We retain out sell recommendation. SBI The stock is witnessing selling pressure at higher levels. Avoid trading in this counter for the session. TCS Sell the stock in rallies with stop at Rs 1000. Yoganand D.
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