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ICICI Bank

Buy the stock in dips with tight stop-loss at Rs 327 level.

Infosys

The stock was volatile in the last trading session. We recommend a buy with stiff stop-loss at Rs 1,250.

L&T

After recording a 52-week low of Rs 771 on Thursday, the stock recovered and formed a bullish engulfing candlestick pattern. The volume was above average. We recommend a buy.

ONGC

The outlook remains positive, as long as the stock trades above the support level of Rs 750. Buy the stock in dips with tight stop-loss at Rs 750.

Reliance Capital

We retain our buy recommendation in this stock.

Reliance Communications

Desist trading in this counter as the outlook is watchful.

Reliance Industries

The stock tumbled over 7 per cent, accompanied with high volume in the previous trading session. The near-term outlook is bearish for the stock. We recommend a sell.

Satyam Computer

The stock is pausing at around Rs 300 level. We re-affirm our buy recommendation.

SBI

In line with our expectation, the stock decline in the last trading session. Volume was extra-ordinary. Fresh short-position can be initiated only if the counter declines below Rs 1,300, with tight stop-loss.

TCS

We retain our buy in this stock.

Yoganand D.

BL Research Bureau

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