4 April 2011, Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  Many scrips are taking turns in exhibiting strength.

Ø  The following appear good in the short term :

o   MTNL ( accumulate) > 48/50 ; Balrampur Chini > 73 ; Biocon > 359 ;

o   Deccan Air > 45 ; Jet Air > 464 ; GIC Hsg > 109 ; Triveni Eng. > 101/50 ;

o   Alok > 23 (accumulate) ; Petronet LNG > 127 ; Power Grid > 106/50.

Ø  The following scrips are good in the medium term : to accumulate :

o   Aban > 648 ; ACC > 1102 ; Amtek Auto > 156 ; Bharat Forge > 358/50 ;

o   Chambal Fert. > 83 ; Hind Oil Exp. > 226/50 ; Orchid Chem > 320 ;

o   RIIL > 664 ; R Com > 114 ; Rel Capital > 619 ; Titan > 3965 ; TCS > 1204.

Have Strict Stop Loss