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ICICI Bank

In line with our expectation, the stock declined on Thursday. We maintain our sell recommendation in this counter.

Infosys

On Thursday, the stock conclusively broke out of the short-term sideways consolidation and also its 50-day moving average. Buy the stock in dips with a stop-loss at Rs 1,611.

L&T

We reiterate our sell recommendation in L&T.

ONGC

We retain our prior view in this counter. Sell the stock in rallies with stop loss at Rs 1,039.

Reliance Capital

The stock is pausing at current levels. Initiate fresh short position if the stock declines below Rs 1,945.

Reliance Communications

The stock formed a doji candlestick pattern in the last trading session, which indicates neutral stance. Avoid trading in RCom for the session.

Reliance Industries

Sell the stock if it reverses from the key resistance level of Rs 2,600 with tight stop.

Satyam Computer

Contrary to our opinion, the stock surged in the last session with heavy volume. Buy the stock in dips with stop loss at Rs 446.

SBI

We believe that the stock’s current down move is likely to continue. We maintain our sell recommendation.

TCS

We recommend a buy.

Yoganand D.

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