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ICICI Bank

We re-affirm our buy recommendation in this counter.

Infosys

In the last trading session, the stock reversed and began to decline after testing the psychological resistance level of Rs 1,700. The stock is experiencing selling pressure at higher levels. Sell the stock in rallies with stop at Rs 1,686.

L&T

Buy the stock in dips with stop-loss at Rs 2,810.

ONGC

The stock has been moving sideways in a narrow range since the beginning of the month. Desist trading in this stock for the session.

Reliance Capital

We recommend a buy in this stock.

Reliance Communications

On Monday, the stock jumped up penetrating the 50-day moving average, accompanied with good volume. We recommend a buy.

Reliance Industries

The outlook for the stock is cautious. Avoid trading in this stock for the session.

Satyam Computer

In the last trading session, the stock fell forming a bearish engulfing candlestick pattern. We recommend a sell.

SBI

We recommend a buy in SBI.

TCS

The stock is witnessing selling pressure at higher level. Sell the stock in rallies with tight stop at Rs 1,015.

Yoganand D.

BL Research Bureau

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