16 Sept: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  Cement shares are back in the limelight :

o   ACC > 1085 ;                                     Ambuja Cem > 153 ;                        Ultratech > 1155 are good.

o   TVS Motors > 66               and        Kotak Bk. > 485 are also good.

Ø  The following are for the short term :

o   Ashok Ley > 27/25 ;                         Colgate > 1010 ;                              GMR Infra > 29/25.

 

CURRENCY:

 

Ø  Though there is good momentum, Rupee has not closed above 47/25 and so one has to wait and watch.

Have strict stop losses