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

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Equity Buy/Sell (Technical View)

Ø  The foll are good in short term:

• Hindzinc>138,    
• Nagarfert>30.3,               
• Niit>59,               
• Pantaloon>263.

• We had advised investments in LT around its  support of 1460(on 4/5) and the scrip rebounded from 1474 in todays trade to touch 1610.

Only if it closes above 1770, it gains strength. ST/MT investors can consider partial profit booking in tomorrow's trade(20/5).

Have strict stop losses