IFCI research: Equity Buy/Sell (Technical View): 1 Feb 2011

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Equity Buy/Sell (Technical View)

Ø  The following scrips look good :

Ø  Glaxo > 2040 ; Gitanjali Gems > 205 ; Hindalco > 233 ; Jindal Saw > 213 ;

Ø  KPIT Cummins > 167 ; Orchid Chem > 298 ; Siemens > 889.

Ø  Commodities :

o   Silver: After a steep correction of over Rs.4,000, silver seems to be steadying.

o   A move past 43500 could take it higher. Investors can try longs with stop around 42,450.

Have Strict Stop Loss