04 October 2010

IFCI research: Equity Buy/Sell (Technical View)

Bookmark and Share


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

No comments:

Post a Comment