19 May, 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  We give below support levels of a few more scrips :

o   Canara Bk. : Has good support around 578 & then 435 ;

o   Chambal Fert. - supports ~ 75 and  then around 67 ;

o   Reliance Ind. ~ 885 and then 860 ;

o   ONGC ~260 & then 248.

o   DCB is expected to reverse up in the next few sessions. It has strong support around 48.

o   Mahindra Satyam can be bought for the short term above 78/50

Have strict stop losses