Business Daily from THE HINDU group of publications
Tuesday, Oct 21, 2008
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Business Daily from THE HINDU group of publications Tuesday, Oct 21, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Stocks Markets - Recommendation 
ICICI Bank The stock is consolidating sideways. Avoid trading in this counter for the session. Infosys The stock gained 8 per cent on Monday, experiencing buying pressure. The daily relative strength index is displaying positive divergence. We recommend a buy in this stock. L&T Buy the stock in dips with tight stop-loss at Rs 785. ONGC In the last trading session, the counter was very volatile and formed a doji candlestick pattern, indicating neutral stance. Desist trading in this stock for the day. Reliance Capital The stock has shaped a bullish harami candlestick pattern, which indicates bullishness. We recommend a buy. Reliance Communications We recommend a buy. Reliance Industries The daily relative strength index of the stock is hovering in the oversold area. Buy the stock in dips with stiff stop-loss at Rs 1,290. Satyam Computer We recommend a buy. SBI Desist trading in this counter for the day as the outlook is cautious. TCS The near-term outlook is bullish for the stock. We recommend a buy in this counter. Yoganand D. More Stories on : Stocks | Recommendation
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