Business Daily from THE HINDU group of publications Thursday, Dec 27, 2007 ePaper | Mobile/PDA Version |
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Stock Markets Markets - Stocks
ICICI Bank The stock has formed a doji candlestick pattern indicating neutral stance. Avoid trading in this stock for the session. Infosys Caution is advised in this stock. Fresh long position should be initiated only when it moves above Rs 1,840. L&T Short-term outlook for the stock is bullish. We recommend a buy. ONGC In the last trading session, the stock found resistance at around Rs 1,250 and declined. This is a negative signal. Fresh longs should be initiated only when the stock breaches this resistance level. Reliance Capital Buy the stock in dips with stop-loss at Rs 2,580 Reliance Communications The stock moved above the 50-day moving average line in the last session. We recommend a buy. Reliance Industries We recommend a buy in RIL. Satyam Computer Buy the stock in dips with stop loss at Rs 449. SBI The stock has resumed the uptrend. We recommend a buy in this stock. TCS Sell the stock in rallies with stop loss at Rs 1,129. Yoganand D. More Stories on : Stock Markets | Stocks
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