Business Daily from THE HINDU group of publications Wednesday, Jun 11, 2008 ePaper | Mobile/PDA Version | Audio |
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Stocks Markets - Recommendation
ICICI Bank Sell the stock in rallies with stop loss at Rs 763. Infosys In the last trading session, the stock declined penetrating the 21-day moving average. We retain our sell recommendation in this counter. L&T The stock has formed a doji candlestick pattern in the last trading session, which indicates neutral stance. Avoid trading in this counter for the day. ONGC The near-term outlook for the stock is bearish. We maintain our sell recommendation in this counter. Reliance Capital Initiate fresh long-position, if the stock exceeds Rs 1,150 level, with tight stop loss. Reliance Communications Buy the stock in dips, while keeping the stop loss at Rs 540. Reliance Industries We recommend a buy. Satyam Computer In line with our expectation, the stock fell in the last trading session. We re-affirm our sell recommendation for the session. SBI The stock has formed a doji candlestick signalling neutral view. The outlook is still cautious for the stock. Desist trading in the stock for the day. TCS Sell the stock in rallies with stop loss at Rs 910. Yoganand D. BL Research Bureau More Stories on : Stocks | Recommendation
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