18 July 2011

18 July, 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)
Ø  The  We have already mentioned quite a few scrips for medium term investments.
Ø  Investors are advised to continue to watch out for accumulation, esp. in Kotak Bk., Lupin, L&T, SBI, HDFC etc, Also, Bajaj Auto > 1435, NIIT Tech > 212, Rajesh Exports >112 look good.

Ø  The following are for the short term :

o   Ashok Leyland > 52 ;                      
o   Hotel Leela > 45 ;            
o   Jet Air > 513.


COMMODITIES :
Ø  Gold and Silver have taken a little breather on Friday's trade which is healthy after a huge rally from 21600 to 23100 in the case of gold and 49500 to 58600 in sliver.

Ø  We reiterate that the medium/longer term trend is bullish.

Have strict stop losses


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