21 Sept 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  Foll are good in near term:

o   Cairn>310,

o   Indian hotel>75,

o   JP Associate> 73.50,

o   Praj ind>75

o   Wipro>357

o   Bata india can be accumulated above 700.

Rupee vs. USD:

 

Ø  Rupee closed above 47.75 and touched 48.29, intraday. Its next levels are 49.20, 49.45, 50.50.

Commodities:

 

Ø  Both Gold and silver are still in sideways mode.

 

Have strict stop losses