15 October 2010

IFCI research: Equity Buy/Sell (Technical View) & Commodities - Oct 15th 2010

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Equity Buy/Sell (Technical View)
Ø  The following scrips seem to have defied reaction and look good :
o   Canara Bk. > 659 ; Chambal Fert. > 94 ; Lupin > 437 ; LIC Hsg Fin. > 1484 ; Sesa Goa > 380 ; Tata Chem > 439 ; Tata Steel > 663.
Ø   The following scrips are advised for short term :
o    Central Bank > 200 ; Engineers Ind. > 369 ; Bata > 349/50.
Ø   Commodities :
o    Gold and copper have attained their targets of 20,000 and 373. Though reactions could be possible, gold will have some more steam left and could move up.

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