13 Oct, 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  Almost all scrips recommended both for short term and medium term have given good returns. Investors for short term are advised to have trailing stops.

Ø  The foll are good for accumulation:

o   Bata>683,                          Hdfcbk>472,                      Infy has crossed 2600 and looks good,

o   M&M>815,                        omaxe>142,                      Axisbk>1105,                     indiacem>78.5.

Ø  The foll are for  short term:

o   Bharatforge>288,             Biocon.305.5,                                                  CANBK>456(also good for longer term),

o   crompton>167,                 Gujambcem accumulate above151,                icici>867,

o   Idbi>107,                           Mphasis>347,                                                 TVSmotor>62.50.

Have strict stop losses