Business Daily from THE HINDU group of publications
Wednesday, Sep 10, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Wednesday, Sep 10, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
Home Page
-
Technical Analysis Markets - Recommendation 
ICICI Bank The stock is trending sideways. Avoid trading in this counter as the outlook is watchful. Infosys Buy the stock in dips with stop-loss at Rs 1,700. L&T In the last trading session, the stock was volatile and ended the session by forming a doji candlestick pattern. This pattern indicates neutral stance. The outlook is cautious for the stock. Desist trading in this stock for the session. ONGC The near-term stance is positive for the stock. We recommend a buy in this counter. Reliance Capital We retain our sell recommendation in this counter. Reliance Communications Fresh long-position can be initiated if the stock moves above Rs 415 level, with tight stop-loss. Reliance Industries We recommend a buy in this stock. Satyam Computer We reaffirm our buy recommendation with stop-loss at Rs 419. SBI The stock has failed to surpass the resistance level Rs 1,600, in the previous trading session. Initiate fresh short-position, if the stock declines below Rs 1,535, with stiff stop-loss. TCS The near-term outlook is bullish for the ticker. We recommend a buy. Yoganand D(Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation would be valid for today's trading only.) More Stories on : Technical Analysis | Recommendation
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
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
|
