April 20, 1011:: IFCI research, Equity Buy/Sell (Technical View) Ø

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Equity Buy/Sell (Technical View)

Ø  We had mentioned that we expected Chambal and LicHsg to reverse up. They indeed moved up by 4% in an otherwise listless market.

Ø  The following can be accumulated:

o   Bataindia>425, Chambal>86.5, Dcb>63, Idbi>152.5, Axisbk>1425,

o   Bhartiartl>380, Idfc>160, Indiacem>103, M&M>738.5, Lichsg>230.

o   Bhel could reverse up shortly.

 Have Strict Stop Loss