8 June, 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  We had mentioned that Health care, Consumer Durables, FMCG sectors are doing well. Bata, Cipla, Sun Pharma, Ranbaxy continue to be good. The

tech sector (esp Infy, TCS) seem to be stabilising. However, we will wait for 1-2 sessions more for confirmation.

Ø  The following are good and can be accumulated:

• Amtek Auto > 174,           Bata > 516,         Sun Pharma > 495,
• Havells > 431,                    HDIL >182,          Maruti >1250,
• Federal Bk > 459.

Ø  The following are good for the short term :

• Auro Pharma >183,          Escorts >131,      FT > 891,
• Bajaj Finserv > 856,          Praj > 75/50,       Strides Arcolab > 380

Have strict stop losses