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ICICI Bank

Initiate fresh short-position, only if the stock declines below its 52-week low of Rs 551 with tight stop-loss.

Infosys

Sell the stock, if it declines below Rs 1,734, with stiff stop loss.

L&T

Sell the stock in rallies with stop-loss at Rs 2,300.

ONGC

We maintain our prior view of initiating fresh long-position, only if the stock moves above Rs 870 level with tight stop loss.

Reliance Capital

The near-term outlook for the stock is bearish. The relative strength index is featuring in the bearish zone. We recommend a sell.

Reliance Communications

The stock is currently testing the support level of Rs 400. The near-term outlook is cautious for the stock. Desist trading in this counter.

Reliance Industries

Negating our prior view, the stock tumbled in the last trading session. Fresh short-position can be initiated, if the stock declines below Rs 2,045, with tight stop loss.

Satyam Computer

We maintain our buy recommendation in this counter for the session.

SBI

Buy the stock, if it surpasses Rs 1,135, with stiff stop loss.

TCS

The stock is consolidating sideways. Avoid trading in this counter for the day.

Yoganand D.

BL Research Bureau

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