15 November 2010

Equity Buy/Sell (Technical View) IFCI research: 15 Nov, 2010

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Equity Buy/Sell (Technical View)
Ø  We list below some of our top frontline scrips for investment. Almost all of them have been recommended by us over time and continue to do well. A further reaction in Nifty can be used to invest in these shares at around the support levels already given by us .
Ø  Pharma : Glaxo ; Auro Pharma ; Dr. Reddy  Fertilisers : Chambal Fert.,Cement : ACC & Ambuja Cement, Metals :  Tata Steel ; Hindalco : SAIL ( low risk)
Ø  Energy : Reliance Ind., Infra & Cap. Goods ;  L & T, Tech : TCS & Infosys,Autos : Tata Motors ; M&M.
Ø   Financials : SBI ; Bank Baroda ; Canara Bk. ; HDFC Bk ; HDFC ; Axis Bk.; LIC Hsg Fin. ; IDBI.
Ø  Investment opportunities in mid caps :
Ø  Central Bk ; Dena Bk; Hero Honda ; IOB : Vijaya Bk.; PNB & Kotak Bk.
Ø  Commodities : Both gold and silver are strong in the medium/long term and can be bought into on reactions.
Have Strict Stop Loss

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