• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

ICICI Bank

In line with our expectation, the stock fell in the previous trading session and formed a doji candlestick pattern. Desist trading in this counter for the day.

Infosys

The stock is experiencing selling pressure at higher levels. Sell the stock if it reverses from the resistance level of Rs 1,918 with a tight stop-loss.

L&T

Initiate fresh long position if the stock moves above Rs 3,025, with stiff stop loss.

ONGC

On Wednesday, the stock opened with gap down and rallied showing bullish signs. We recommend a buy.

Reliance Capital

We recommend a buy in this counter.

Reliance Communications

The stock is consolidating sideways. Avoid trading in this stock for the session.

Reliance Industries

Following a cautious outlook, the stock rallied accompanied with good volume in the last session. Fresh long position can be initiated if the stock exceeds Rs 2,690.

Satyam Computer

Avoid trading in this counter for the day as the outlook is watchful.

SBI

We retain our sell recommendation.

TCS

Sell the stock if it reverses from Rs 987 with tight stop loss.

Yoganand D.

More Stories on : Technical Analysis | Recommendation

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
They are beginning to look beyond IT space

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line