• 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 declined in the last trading session. We retain our sell recommendation in this counter.

Infosys

We recommend a sell in this stock for the session.

L&T

On Thursday, the stock tumbled more then 4 per cent, accompanied with above-average volume. Initiate fresh short-position, only when the stock declines below Rs 2,590.

ONGC

The near-term outlook for the stock is watchful. Avoid initiating buy or sell positions in this stock for the day.

Reliance Capital

The near-term stance for the stock is negative. The relative strength index has entered the bearish zone. We maintain our sell recommendation.

Reliance Communications

Utilise rallies to sell the stock with stop loss at Rs 535.

Reliance Industries

Sell the stock in rallies with tight stop loss at Rs 2,270.

Satyam Computer

Initiate fresh short-position, if the stock declines below Rs 465 with stiff stop loss.

SBI

We reaffirm our sell recommendation.

TCS

On Thursday, the stock fell as anticipated. We reiterate our sell recommendation for the session.

Yoganand D.

More Stories on : Technical Analysis | Recommendation

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

Stories in this Section
Monsoon posts 45% surplus in first 19 days

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