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Equity Buy/Sell
Ø Alongwith Nifty, many scrips are also at crucial levels. We give below levels above which strong frontline scrips can be accumulated :
o Bank Baroda > 1005 ; Canara Bk. > 764 ; Dr. Reddy > 1840 ;
o HDFC Bk. > 2410 ; Hindalco > 222 ; ICICI > 1195 ; IDBI > 175 ;
o L&T > 2070 ; Tata Motors > 1353.
Ø The following scrips are good for the near term :
o IOB > 161 ; Indian Bk. > 300 ; BEL > 1765 ; Bhushan Stl. > 493 .
Ø We recollect our observations on commodities for 22/11/10
Ø Quote : Precious metals - Gold and Silver ( esp. silver) have been going up. Silver looks strong and any correction of even Rs.1,000 would be a good opportunity to invest for the longer term. Unquote: Our observation has been vindicated and gold and silver are good as such.
Have strict stop loss
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