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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Equity Buy/Sell (Technical View)
Ø We have been giving support levels of many scrips. A case in point is HDFC bank. We had mentioned support around 440-50. The scrip made a low of
455 before closing at 470. If Nifty recovers, the scrip could move higher by atleast 20 pts giving a decent return in a short span of time. Short term
traders would have gained 2% - 3% return, intraday.
Ø The foll are good:
o Coalindia> 401,
o Gitanjali>321,
o Itc<206,
o Hero Honda> 1960 is good for medium term.
Commodities:
Ø Gold has resistance around 26460. If it crosses the hurdle, it could move up to 27000(+-1%).
Ø Silver, as we write this has touched 60460. It has to move past 62500 for strength.
Have strict stop losses
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