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ICICI Bank

Fresh long position can be initiated if the stock moves above Rs 825.

Infosys

The stock has formed a spinning top candlestick pattern in the last trading that indicates indecisiveness. Avoid initiating buy or sell positions in this stock for the session.

L&T

The daily Relative Strength Index is displaying positive divergence, signalling an up move and has entered the neutral region. Our short-term outlook for the stock is bullish. We recommend a buy.

ONGC

The stock has been on a sideways consolidation. Desist trading in this counter till it shows signs of trend.

Reliance Capital

Sell the stock in rallies with stop-loss at Rs 1,188.

Reliance Communications

Initiate fresh long-position if the stock moves above Rs 520 with tight stop-loss.

Reliance Industries

In the last trading session, the stock formed a dragon fly doji candlestick pattern signifying signs bullishness. We recommend a buy.

Satyam Computer

On Monday, the stock has formed a doji candlestick pattern, which indicates neutral stance. The volatility is likely to continue. Avoid trading for the session.

SBI

Buy the stock in dips with stop at Rs 1,600.

TCS

Initiate long position if the stock moves above Rs 836.

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