• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

We re-affirm our buy recommendation in DLF and L&T. On the other hand; ICICI Bank and SBI are witnessing selling pressure at higher level. Utilise rallies to sell these counters with tight stop-loss. We reiterate our buy recommendation in ONGC. Initiate fresh long-position only if Reliance Capital exceeds Rs 421 and RIL breaches Rs 1,420, while maintaining stiff stop-loss. The near-term outlook is positive for Reliance Communications and TCS. We recommend a buy on these stocks. The outlook is cautious for Infosys, desist trading in this counter.

Yoganand D.

More Stories on : Stocks | Recommendation

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line