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04 May 2011

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

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Equity Buy/Sell (Technical View)
Ø  In continuation of our earlier observations, we mention below support levels of some additional scrips. Investors are advised to make investments near the levels indicated:
o   Ambuja Cem. ~ 135, Bank Baroda ~ -800, ITC ~ 175, Can Bk ~ 520, L&T ~1460,1390,
o   SBI ~  2460 , Tata Motors ~ 1040, Reliance Ind ~ 885, 860.
Ø  COMMODITIES :
o   Silver has reacted more than Rs10,000 from the highs (it is trading around 63,200 as we write this). It will present an opportunity for investors to go long in the next few sessions. We would advise on 4/5/11.

Have Strict Stop Loss

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