19 October 2010

Equity Buy/Sell (Technical View) by IFCI research for 19.10.10

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Equity Buy/Sell (Technical View)
Ø  The following are good for  long term investments with the risk reward ratio favourable for going long with a great degree of margin of safety : Reliance Ind., Tata Steel and SAIL.
Ø   The following scrips are good :
o    IB Real Estate > 209 ; ACC around 950 ; Sasken > 223 ; ONGC > 1380 ;
o   Tata Motors > 1185 ; TCS > 988 ; SAIL > 223 ; Yes Bk. > 358 ;
o   Bank Baroda and Canara Bk.
Ø   Though gold had triggered the stop loss level, we would still advise buying at around 19750 with a wide stop loss of 19300.

Have Strict Stop Loss

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