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Equity Buy/Sell (Technical View)
Ø The following scrips are good :
o India Bulls > 193 ; Auro Pharma > 1190 ; Allahabad Bk. > 248 ; Bank India > 557 ; Cipla > 351 ; Corp. Bank > 742 ; Hind Lever > 309 ;
o Hindalco > 216 ; ICICI > 1136 ; IDBI > 173 ; Indian Bk. > 306 ; Kotak Bk. > 509 ; M&M > 718 ; Petronet LNG > 131 ; Reliance Ind. > 1092 ;
o SAIL > 223 ; Sun Pharma > 2140 ; Syndi Bk. > 138 ; Tata Power > 1447 ; TCS > 1000 ; PNB > 1330.
Ø Some of our recommendations over the last few sessions including Central Bk., Bank India, Canara Bk. IDBI , Reliance Ind. have all moved up well and continue to look good.
Ø The following are good in the immediate term :
o ACC > 1002 ; Axis Bk. > 1520 ; Crompton > 325 ; Dabur > 106 ;
o Dena Bk. > 123/50 ; Grasim > 2270 ; Ambuja Cement > 145 ;
o Hero Honda > 1846 ; Hind Oil > 247/50 ; Tata Chem > 440 ; Tulip > 188.
Have Strict Stop Loss
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