Date:03/01/2008 URL: http://www.thehindubusinessline.com/2008/01/03/stories/2008010352541501.htm

Back Day trading guide

ICICI Bank

Our short-term outlook for the stock is bullish. We recommend a buy.

Infosys

We maintain our sell recommendation in this stock.

L&T

The stock is still trading in a narrow range of Rs 4,100 and Rs 4,200. Desist trading in this counter for the session.

ONGC

In line with our anticipation, the stock surged in the last trading session. We retain our buy recommendation.

Reliance Capital

Buy the stock in dips with stop loss at Rs 2,541.

Reliance Communications

Negating our view, the stock fell on Wednesday. We notice lack of volumes. Traders should be cautious. Avoid trading in this counter for the session.

Reliance Industries

Sell the stock in rallies with stop loss at Rs 2,930.

Satyam Computer

As expected in our last column, the stock declined in the previous session. We uphold our sell recommendation.

SBI

The stock made an upward move out of the sideways range. We recommend a buy with stop loss at Rs 2,400

TCS

We continue with our sell recommendation.

Yoganand D.