Following technical calls have been recommended by ICICIdirect for intra-day trade on Mar. 26, 2014:

1. McLeod Russel

'Buy' above of 294 with target of Rs 298.50-301 higher and stop loss Rs 291.80.

Comment: Break out from eight days consolidation range after taking support at 50-day EMA. RSI in positive territory.

2. Larsen & Toubro

'Buy' above of 1,252 with target of Rs 1,275-1,285 higher and stop loss Rs 1,240.

Comment: Share price moving higher after four days of a breather digesting last week's gains. Holds short term support line. RSI in buy mode.

3. CESC

'Buy' above of 488.50 with target of Rs 494-497 higher and stop loss Rs 485.

Comment: Break out from Double bottom formation at 50% retracement of preceding rally and RSI in buy mode.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.