Business Daily from THE HINDU group of publications
Friday, Jul 11, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, Jul 11, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
|
|
|
Home Page
-
Technical Analysis Markets - Recommendation 
ICICI Bank The stock is likely to experience selling pressure at higher levels. Utilise rallies to sell the stock with tight stop-loss at Rs 650. Infosys The stock was choppy in the last trading session, formed spinning top candlestick pattern indicating indecisiveness. Avoid trading in this counter for the session. L&T We reiterate our buy recommendation in this stock for the day. ONGC Fresh long-position can be initiated if the counter moves above Rs 890 with stiff stop. Reliance Capital The stock is pausing around Rs 1,100 levels. Buy the stock in dips with stop at Rs 1,095. Reliance Communications We retain our prior view of initiating fresh long-position only if the stock surpasses Rs 454 level with tight stop-loss. Reliance Industries The outlook for the stock is cautious. Desist trading in this counter for the session. Satyam Computer We recommend a buy in this counter. SBI The stock is witnessing selling pressure at higher levels. Sell the stock if it fails to exceed Rs 1,264 level with stiff stop-loss. TCS The stock has been consolidating sideways over the past three weeks in a narrow range. Desist trading in this stock. Yoganand D. (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
|
