June 14 -Equity Buy/Sell (Technical View) -IFCI research,

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Equity Buy/Sell (Technical View)

Ø  Some of the scrips recommended have moved up well. Short term  Investors can consider partial profit booking or have trailing stops esp. in Bata , Titan etc.

Ø  Titan's target now is around 4900. Glaxo, DCB also are moving up and can be held.

Ø  The following can be accumulated:

o   Cipla > 343,                        Divis Lab > 808,                               Ktk Bank > 130,

o   Tata Power > 1252,          Mahindra Satyam > 88.

Ø  The following are good in short term:

• Gateway Distripark > 131,                            Gitanjali > 298,
• J&K Bk > 844,                                                   NTPC > 183.

Have strict stop losses