March 16, 11; IFCI research, Equity Buy/Sell (Technical View)

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Equity Buy/Sell (Technical View)

Ø  The following are for the near term ( 1-2 sessions). Investors are advised to look to Nifty/Sensex for overall direction. Long term investors can wait to pick at lower levels :

o   Amtek Auto > 122 ; Axis Bk. > 1305 ; Bank Baroda > 908 ; Central Bk. > 162 ;

o   Gitanjali Gems > 216 ; ICICI > 1009 ; Siemens > 874 ; Sun Pharma > 437 ;

o   Tata Steel > 604 ; TCS > 1102 ; Zee > 122.

Ø  Reliance has started slowly moving up. Long term investors to hold the stock for targets of 1500-1600 once it crosses 1150-75 levels.

Have Strict Stop Loss