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ICICI Bank

The near-term outlook for the stock is bearish. We recommend a sell.

Infosys

Sell the stock in rallies, while keeping the stop-loss at Rs 1,814.

L&T

In line with our expectation, the stock declined during the previous trading session. We retain our sell recommendation.

ONGC

Fresh short-position can be initiated if the stock declines below Rs 1,017.

Reliance Capital

We maintain our sell recommendation for the session.

Reliance Communications

The stock is finding support at around Rs 540 levels. Initiate fresh long-position only if the stock moves above Rs 550, with stiff stop loss.

Reliance Industries

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

Satyam Computer

Following a bearish engulfing candlestick pattern, the stock tumbled in the last trading day. The daily momentum indicator has entered the neutral region from the bullish zone. We retain our sell recommendation.

SBI

We recommend a sell in SBI.

TCS

Sell the stock in rallies with a stop loss at Rs 971.

Yoganand D.

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