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Equity Buy/Sell (Technical View)
Ø The following are good for the short term :
o Gail > 516 ; JSW Stl. > 1188 ; Great Offshore > 397 ; Guj. Alkalis > 135/50 ; Sobha Developers > 336 ; IDFC > 181 ; Powergrid > 98/50 ; IOB > 150.
Ø Commodities: Gold, silver and copper have moved up well. At the current levels of silver at 46250, it is advisable to book partial profits of atleast 50% and hold the rest with trailing stops. The trailing stops can be moved up as below :
Ø For gold around 20650 ; for silver around 45520 and copper around 426.
Have Strict Stop Loss
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