Equity Buy/Sell (Technical View)
Ø In this market euphoria, any dart thrown would hit the bull's eye. In this context, we try to give below some scrips which could move up higher, relative to indices :
o BHEL > 2610 ; Dr. Reddy > 1500 ; Escorts > 232 ; Ashok Leyland > 76/50 ; JSW Steel > 1400 ( already recommended) ; GitanjaliGems > 253/50 ;
o IDBI > 162 ; Bajaj Auto > 1562 ; Kotak Bk. > 505 ; SAIL ( we have advised this scrip recently as a low risk buy) > 226.
o TCS > 970 ; HDFC ; HDFC Bk.; ICICI ;SBI ; Hindalco and Tata Steel continue to look good.
Ø The following scrips look good for the short term ( and could be held for the medium term if they exhibit strength in the next 2-3 sessions) :
o Andhra Bk. > 169 ; Syndicate Bk. > 123 ;
o Ashok Ley ; Havels > 840 ; Tata Power > 1402.
Have Strict Stop Loss
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