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

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Equity Buy/Sell (Technical View)

Ø  Not many sectors escaped the downward pressure. Selective cement shares stayed put or moved up marginally. Oil shares seem to be moving up but it a pure short term play.

Ø  The following are good for the short term :

o   HPCL > 383 ;

o   BPCL > 698 ;

o   IOC > 322

Have strict stop losses