09 November 2011

9 Nov: Equity Buy/Sell (Technical View) Ø IFCI research,

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Equity Buy/Sell (Technical View)

Ø  The following are good for accumulation:

  • Cairn > 325 ;
  • Hind Oil Exp. > 129/50 ;
  • R Com > 88 ;
  • Strides Arcolab > 433 ;
  • Titan > 224
  • Cement shares continue to show strength.

COMMODITIES :

Ø  Gold and silver continued to move up. Gold is especially near its all time high and its first target is 29000. Once it closes above that target, it could move up by more than Rs.1,000. Some reactions however can be expected in the next few sessions. One can wait for a correction in silver to enter.

Have strict stop losses

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