IFCI research, Equity Buy/Sell (Technical View) March 14, 11

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Equity Buy/Sell (Technical View)

Ø  The following scrips are good :

o   KPIT > 181 ; ONGC > 286 ; Orchid Chem > 287 ; Satyam > 67/50 .

Ø  COMMODITIES :

o   Silver : On 25/03, we had advised longs in silver near 49,000 with stop around 48,475. Though silver has been volatile, it has been moving up touching 54,700. On 12/03/11 it was violent reacting to 52,000 but has touched again 54,000. It still looks good and investors are advised to hold longs.

o    Gold is also consolidating and investors are advised to hold.

Have Strict Stop Loss