01 November 2011

1 Nov 2011:: Equity Buy/Sell (Technical View):: IFCI research,

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Equity Buy/Sell (Technical View)

Ø  The following are good for accumulation :

o   Bata > 732 ;                       Hind Unilever > 380 ;                      IDBI > 120 ;
o   SBI > 1930 ;                        Bank Baroda > 784 ;                       Canara Bk. > 476.

Ø  The following are for the short term :

o   Amtex Auto > 130/50 ;      CESC > 380 ;                                     Dena Bk. > 82/50 ;
o   IOB > 104/50 ;                   Ktk Bank > 92/50 ;                           PNB > 983 ;
o   Vijaya Bk. > 62/20.

COMMODITIES :

Ø  Gold and silver have reacted slightly. Investors can stay invested. Risk averse can have a stop around 53940 in silver and 26940 in gold..

Have strict stop losses

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