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Wednesday, Nov 14, 2007
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ICICI Bank

In line with our anticipation, the stock gained in the last session. We reaffirm our buy recommendation.

Infosys

The stock is unable to hold its intra-day highs. We retain our sell recommendation.

L&T

The stock resumed the medium-term uptrend by surging 4 per cent. We maintain our buy recommendation.

ONGC

The short-term outlook for ONGC is bearish. Sell the stock in rallies with stop loss at Rs 1,260.

Reliance Capital

The stock is still moving sideways between Rs 1,800 and Rs 2,200 and has formed a doji candlestick pattern on Tuesday. Avoid trading in this stock while it is moving in the given range.

Reliance Communications

Rcom was volatile during the previous trading day. Buy the stock only when it moves above Rs 723.

Reliance Industries

RIL is consolidating in a narrow band. Buy the stock with a stop loss at Rs 2,600.

Satyam Computer

The stock is above a key support level of Rs 400 and the daily RSI is nearing the oversold region. Buy the stock in lows with tight stop loss.

SBI

We continue with our buy recommendation.

TCS

We retain our sell recommendation.

Yoganand D

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