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

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Equity Buy/Sell (Technical View)

Ø  We have already recommended quite a few scrips for investments right from ABB. Investors would have reaped substantial profits from most of those. We also give below a list of scrips for accumulation - most of them already recommended . For example,

o   Chambal Fert. was recommended on 28/03 above 78 and again on 01/04 above 81.

o   Bank Baroda > 990 ; Yes Bk. > 333 ; Chambal Fert. > 90 ;  Federal Bk. > 414 ; GMR Infra > 44/50 ; IVRCL Infra > 96 ;

o   Lanco Infra > 45/50 ; GNFC > 110 ; HDFC > 723 ; Indian Hotels > 93 ; RIIL > 732 ( resistance ~ 740 and if crossed ~ 770) ; BEL > 1840 ;

o   Bata > 439 ; Bharti > 360 ; Biocon > 380 ; Triveni Eng. > 105.

Ø  The following are for the short term :

o   Sasken Comm. > 176 ; UB Holdings > 223 ; GNFC > 110/50.

Have Strict Stop Loss