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Thursday, Apr 24, 2008
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Day Trading Guide


ICICI Bank

We maintain our buy recommendation.

Infosys

Contrary to our view, the stock surged up in the last trading session. Buy the stock in dips with stop-loss at Rs 1,600.

L&T

The stock is witnessing selling pressure at around Rs 3,000. Sell the stock if it reverses from this resistance level with tight stop-loss.

ONGC

We reaffirm our buy recommendation in this counter.

Reliance Capital

In the last trading session, the stock declined forming a dark cloud candlestick pattern that indicates near-term term bearishness. We recommend a sell.

Reliance Communications

We recommend a buy in RCom.

Reliance Industries

Utilise rallies to sell the stock with stiff stop-loss at Rs 2,600.

Satyam Computer

We retain our sell recommendation in this stock.

SBI

The outlook is cautious for the stock. Avoid trading in this counter for the session.

TCS

We recommend a sell.

Yoganand D.

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IPL impact: Zee unscathed; Star and Sony feel the pinch


Smartbuy



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