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ICICI Bank

Our short-term outlook for the stock is bearish. We maintain sell recommendation in this counter.

Infosys

The stock is pausing around the 50-day moving average. We uphold our prior buy recommendation.

L&T

Fresh long position can be initiated if the stock moves above the resistance level of Rs 3,900.

ONGC

Buy the stock in dips with stop loss at Rs 1,050.

Reliance Capital

We note that the stock is still range bound between Rs 1,900-2,100. Desist trading in this stock till it breaks out of this trading range.

Reliance Communications

We reaffirm our buy recommendation.

Reliance Industries

Fresh buying can be initiated if the stock moves above Rs 2,643.

Satyam Computer

Sell the stock if it reverses from the resistance level of Rs 448.

SBI

Sell the stock in rallies with stop loss at Rs 2,259.

TCS

Following a near-term up move, the stock is currently pausing. Buy the stock in dips with stop loss at Rs 920.

Yoganand D.

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