Intra-Day: Buy ICICI Bank, SBI, L&T, RComm, Nifty Futures

The near-term outlook stays positive as long as ICICI Bank trades above Rs 890 and SBI trades above Rs 2173. We recommend a buy in these counters with stiff stop-loss.

The near-term stance is positive for L&T . We recommend a buy with stop-loss at Rs 1662.

Utilise decline to buy Reliance Communications with tight stop at Rs 300.

As long as Nifty futures trades above 5030 the near-term outlook remains positive. We recommend a buy.

Company	LTP (Rs)	Support 1	Support 2	Resistance 1	Resistance 2
ICICI Bank	904	890	875	918	936
SBI	2195	2173	2142	2210	2238
L&T	1683	1662	1630	1705	1725
Reliance Communications	308	300	292	315	322
Nifty Futures	5073	5030	4984	5110	5152

*Last Traded Price

The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss level is breached. There is a risk of loss in trading

In a buy recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendations would be valid for todays trading only. LTP - Last traded price.