28 December 2010

IFCI - Equity- 28 Dec 2010

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Equity Buy/Sell (Technical View)
Ø  We continue to maintain that despite Nifty's range bound moves, it is advisable to look  at a few low risk opportunities already highlighted in the past few sessions.
Ø  Commodities also is moving in a narrow band and here too a break-out is imminent. Till then, a trailing stop as indicated earlier should be in place.

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