sequence in MS SQL

Im using MS SQL Server as my database in a java application. I want to have something like sequence(of Oracle) in MS SQL. But I left with nothing.

Is there any way to have a variable in MS SQL which is incremented automatically like a sequence(of Oracle)
OR
should I go for a procedure for this purpose?

Variable, you might need to manually increment it inside your loop.

Column, yes. Consider IDENTITY property of an numeric column.

-- CK