24 December 2010

IFCI, Equity Buy/Sell, 24th Dec, 2010

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Equity Buy/Sell (Technical View)
Ø  We had mentioned pharma stocks on 14/12. Some of them have already  started moving up in an otherwise listless scenerio.
o   Glaxo was recommended  by us specifically on 10/12 near 2025. It touched 1998 on 13/12 and is now trading at 2185 and continues to look good.
o   Sun pharma was recommended Y'day and it has already started moving  up.
o   Arvind mill , Orchid, Polaris are the other scrips recommended by us  which have gone up. Arvind has strong resistance around 69. A convincing move beyond can take it up by another Rs10. 

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