Business Daily from THE HINDU group of publications
Tuesday, Feb 12, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Feb 12, 2008 ePaper | Mobile/PDA Version |
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Stocks Markets - Recommendation 
ICICI Bank We uphold our sell recommendation in this counter with stop at Rs 1055. Infosys The stock has formed a doji candlestick pattern in the last trading session, indicating neutral stance. Traders should be cautious at this stage. Avoid trading in this counter for the session. L&T The stock break through a key support level of Rs 3500, accompanied with good volume in the last session. We re-affirm our sell recommendation. ONGC Sell the stock in rallies with a stop-loss at Rs 983. Reliance Capital Our short-term outlook for the stock is bearish. We recommend a sell. Reliance Communications In last trading session, the stock breached the 200-day moving average. We recommend a sell in this stock. Reliance Industries Initiate fresh sells if the stock penetrates Rs 2238. Satyam Computer Fresh long can be initiated if the stock moves above Rs 436. SBI Sell the stock in rallies with stop at Rs 2120. TCS Desist trading in this counter for the session. Yoganand D.
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