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21 November 2011

Equity Buy/Sell (Technical View) Ø 21 Nov: IFCI research

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Equity Buy/Sell (Technical View)

Ø  The following are good for accumulation :

o   HDFC > 651 ;
o   Hero Motors > 2210 ;
o   Hind Lever > 396 ;
o   ACC near its support of 1100.

INR VS USD :

Ø  Rupee has reached its last but one target of  51/50. Though there is a good possibility of it touching its all time low of 52/20, caution is advised and profit booking at current levels is necessary. One can wait for a conclusive close above 52/50 for targets of 57-58.


Have strict stop losses

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