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

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Equity Buy/Sell (Technical View)

Ø  Many scrips mentioned below are good for the medium term and have already been recommended and investors are advised to accumulate :

o   ACC > 1140 ; Alok Ind. > 26/50 ; Allahabad Bk. > 237 ; Andhra Bk. > 159 ;

o   Arvind > 72 ; MTNL > 50/25 ; Bhushan Stl. > 475 ; Crompton > 290 ; DCB > 50 ;

o   Dena Bk. > 114/50 ; HDFC Bk. > 2415 ; Hero Honda > 1660 ; Praj Ind. > 78 ;

o   SAIL > 177 ; Sesa Goa > 318/50 ; Syndi Bk. > 133 ; TCS > 1250 ; Ttain > 4015 ;

o   Vijaya Bk. > 90 ; GIC Hsg Fin. > 116.

Ø  Mahindra Satyam > 72 and Sterlite Ind. > 180 are good in the short term.

Have Strict Stop Loss