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ICICI Bank

On Wednesday, the stock has experienced selling pressure and tumbled 5 per cent on heavy volumes. We retain our sell recommendation.

Infosys

In the last trading session, the stock lost its intra-day gains, witnessing selling pressure. We recommend a sell in this counter for the session.

L&T

The stock has been on a medium-term downtrend from mid of August. Initiate fresh short-position if the stock declines below Rs 2,480 with tight stop-loss.

ONGC

The stock is currently pausing, after a steep decline from Rs 1,100 levels. Avoid trading in this counter as the outlook is watchful.

Reliance Capital

Sell the stock in rallies with stiff stop-loss at Rs 1,098 level.

Reliance Communications

The near-term outlook is bearish for the stock. We recommend a sell in this counter.

Reliance Industries

Desist trading in this counter for the day.

Satyam Computer

We recommend a sell.

SBI

In the previous trading session, the stock failed to surpass the key resistance level of Rs 1,600 and declined. Sell the stock rallies with tight stop-loss at Rs 1,600.

TCS

Negating our prior view, the stock fell sharply on Wednesday, accompanied with above average volume. We recommend a sell.

(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.)

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