11 Oct, 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  While Nifty has been moving between 4700 and 5000, certain scrips continued to gain strength esp. ACC, Bata India and Infosys etc.

Ø  The following are good for accumulation :

o   Tata Coffee > 926 ;                         ACC > 1145 ;                                     Bata India > 663 ;               

o   Bombay Dyeing > 403 ;                  DLF > 231( upgraded to medium term from short term) ;  

o   Gitanjali > 380 ;                                Infosys > 2610 ;                                Rajesh Expo > 135 ;               

o   Tata Motors > 174.

Ø  The following are good in the short term :

o   Aban > 371 ;                       Auro Pharma > 131 ;                       Alok Ind. > 19/25 ;

o   BEML > 501 ;                     Educomp > 290 ;                              Federal Bk. > 366/50 ;

o   GAIL > 425 ;                       Indian Bk. > 205/50 ;                       Tata Power > 107/50 ;

o   Sesa Goa > 219.

Have strict stop losses