08 October 2010

Equity Buy/Sell (Technical View) Oct 8th by IFCI research

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Equity Buy/Sell (Technical View)
Ø  Most of the scrips recommended yesterday did not trigger the buy levels which by itself was an indicator of the weakness to come.
Ø   The following scrips are good :
o    Cipla > 335 ; Hero Honda > 1860 ; United Breweries > 330 ; Mphasis > 662 ;
o   Glaxo > 2175 ; Inda Infoline > 131.
o    HDFC and HDFC Bank have reacted well in today's trades. Further reactions should be an opportunity for investors to enter these scrips.
Have Strict Stop Loss

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