IFCI research, Equity Buy/Sell (Technical View)

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Equity Buy/Sell (Technical View)

Ø  Some of our recent recommendations like Zylog, Bank Baroda, Fin. Tech. Canara Bk. have given decent returns. We advise hold with trailing stops near cost for the short term traders. India Bull Real Est. > 121 and RIIL > 645 look good in the near term.

Ø  Reliance Ind. is in a broad sideways zone between 860 and 1190. It has been so from July 2009 -  a good 18 months. A break out with veolcity is expected once it gets out of the range. The bias is on the upside so far as 750 is protected.

Have Strict Stop Loss