Business Daily from THE HINDU group of publications
Tuesday, Jun 17, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Tuesday, Jun 17, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
|
|
|
Home Page
-
Technical Analysis Markets - Recommendation 
ICICI Bank Initiate fresh long-position only if the stock moves above Rs 817, with tight stop. Infosys The stock is experiencing selling pressure at higher levels. Sell the stock when it reverses for Rs 1,950 level with tight stop. L&T The stock has formed a gravestone doji pattern indicating bearish. We recommend a sell. ONGC Utilise rallies to sell the stock with stiff stop-loss at Rs 882. Reliance Capital The stock is consolidating sideways in a narrow range. Avoid trading for the day. Reliance Communications Fresh short-position can be initiated if the stock declines below Rs 528, with tight stop. Reliance Industries The stock is currently testing resistance at Rs 2,300 level. Initiate fresh long-position if the stock exceeds Rs 2,305 level with stiff stop. Satyam Computer On Monday the stock was volatile and formed a doji candlestick indicating neutral stance. Desist trading in this counter for the session. SBI We recommend a sell in this counter. TCS The near-term outlook for the stock is bearish. We recommend a sell. Yoganand D. BL Research Bureau (The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading)More Stories on : Technical Analysis | Recommendation
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
 |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
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
|
