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ICICI Bank

On Tuesday, the stock gained 8 per cent, accompanied with above-average volume. We recommend a buy in this counter.

Infosys

As long as the stock trades above Rs 1,660, the outlook remains positive. We recommend a buy.

L&T

Initiate fresh long-position, if the stock moves above Rs 2,724, with tight stop-loss.

ONGC

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

Reliance Capital

We retain our buy recommendation in this counter.

Reliance Communications

Fresh short-position can be initiated, if the stock declines below Rs 435, with stiff stop-loss.

Reliance Industries

The outlook is cautious for the stock. Avoid trading in this counter for the session.

Satyam Computer

The near-term outlook is positive. We reiterate our buy recommendation.

SBI

The stock is facing significant resistance at Rs 1,600. Desist trading in this counter.

TCS

Initiate short-position, if the stock fails to exceed the resistance level of Rs 850, with close stop loss.

Yoganand D.

BL Research Bureau

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