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ICICI Bank

Initiate fresh short-position if the stock declines below Rs 585, with tight stop-loss.

Infosys

The near-term outlook is bearish for the stock. We re-affirm our sell recommendation in this counter.

L&T

In line with our anticipation, the stock fell during the previous session, witnessing selling pressure. Initiate new short-position if the counter breaches Rs 2,500-level, with stiff stop-loss.

ONGC

The outlook is watchful for the stock. Desist trading in this counter for the session.

Reliance Capital

The stance remains positive as long as the stock trades above Rs 1,175 with close stop-loss.

Reliance Communications

Sell the stock in rallies with tight stop-loss at Rs 379.

Reliance Industries

Fresh short-position can be initiated if the stock declines below the Rs 1,980-level, with tight stop-loss.

Satyam Computer

We reiterate our sell recommendation.

SBI

In the last trading session, the stock fell by 4 per cent, experiencing sell pressure. We recommend a sell.

TCS

Utilise rallies to sell the stock with stop-loss at Rs 748.

Yoganand D.

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