Business Daily from THE HINDU group of publications
Tuesday, Dec 04, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Dec 04, 2007 ePaper | Mobile/PDA Version |
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Stocks Markets - Recommendation 
ICICI Bank The near-term outlook for the stock is bearish. We recommend a sell. InfosysThe stock is struggling to surpass the 21-day moving average line. Sell the stock in rallies with stop at Rs 1,655. L&TThe stock is moving sideways with for the past one week. In the last session, it formed a doji pattern, indicating a neutral stance. Desist trading for the session. ONGCThe stock is losing its bullish momentum. Sell the stock when it reverses from Rs 1,225 with tight stop-loss. Reliance CapitalThe stock touched a new life-high on Monday and the near-term forecast is bullish. We recommend a buy. Reliance CommunicationsIn the last trading session RCom surged 5 per cent penetrating the 21-day moving average line. Buy the stock in dips with stop at Rs 678. Reliance IndustriesWe recommend a buy in RIL. Satyam ComputerWe expect the stock current rally to continue further. We recommend a buy. SBINear-term trend is not clear in this stock. Also it is forming doji candles. Avoid trading for the session. TCSOn Monday, TCS penetrated the 50-day moving average line. We recommend a buy. Yoganand D. More Stories on : Stocks | Recommendation
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