6 July, 2011: Equity Buy/Sell (Technical View) IFCI research,

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Equity Buy/Sell (Technical View)

Ø  We have already advised investments on quite a few scrips, all of which have given good yields.

Ø  The following are good for accumulation for the medium term :

• M&M > 726 ;                     PNB > 1150 ;                      Ranbaxy > 552 ;                Yes Bk. > 328.
• Polaris, Tata Power continue to be good.

Ø  The following are good for accumulation in the short term :

• Ashok Leyland > 52/50 ;   Central Bk. > 132 ;            Grasim > 2220 ;                 NIIT > 58/50 ;
• Petronet LNG > 143 ;         Rajesh Expo > 106/50 ;    Rolta > 136 ;                      Wipro > 433 ;
• SAIL > 144/50 ;                  Sterlite Ind. > 176 ;           Tech M > 740 ;                  Voltas > 170/50.

COMMODITIES :

Ø  Gold, silver did not violate their long term supports and bounced up well from there. While it is premature to draw any conclusions as yet, these moves should be a trader's delight as the risk is minimal and the risk reward ratio is big. For those who had taken longs near supports, partial profit booking is advised at current rates ( gold 21940 and silver 52750) or have trailing stops to protect profits.

Have strict stop losses