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Markets - Recommendation
Day Trading Guide


ICICI Bank

A short-term support is at Rs 305 level for the stock. Buy the stock in dips with tight stop-loss at Rs 305 level.

Infosys

Utilise rallies to sell the stock with tight stop-loss at Rs 1,180.

L&T

Initiate fresh short-position if the stock declines below the October low of Rs 680 with tight stop-loss.

ONGC

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

Reliance Capital

In line with our expectation, the stock declined by 7 per cent, accompanied with high volume on Thursday. We reiterate our sell recommendation.

Reliance Communications

We re-affirm our sell recommendation.

Reliance Industries

The near-term stance is bearish for the stock. We recommend a sell.

Satyam Computer

The stock is currently testing the key support level of Rs 220. Buy the stock in dips with tight stop-loss at Rs 220.

SBI

The stock is witnessing selling pressure at higher levels. Sell the stock in rallies while maintaining stiff stop-loss at Rs 1,170.

TCS

We recommend a sell.

Yoganand D.

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