30 December 2010

Watch Nifty -IFCI research, Dec 30, 2010

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Watch Nifty
Ø  Nifty atlast seems to be ready for a break-out. It touched 6070 but could not close beyond and one has to wait for a day more.
Ø  Nifty's resistance for 30/12 is expected around 6070 and 6100 levels.
Ø  In line with Nifty, the following scrips are good :
o   Bharti > 356 ; Hind Lever > 307 ; ITC > 176 ; Siemens > 818 ;
o   Sterlite Ind. > 187 ; Glaxo > 2285 ; HDFC Bk. > 2345 ; Hind Zinc > 1345.

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