27 July 2011

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

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Equity Buy/Sell (Technical View)

Ø  We had advised a few scrips for accumulation on 26/07. Investors are advised to watch the levels indicated to buy. The following are also good for buying :

o   India Bulls > 192 ;                           
o   Tata Coffee > 892 ;
o   BILT > 38 ;
o   Lupin > 470 ;                     
o   Indian Bank > 243.

BHEL reacted sharply. It has good support around 1870-1900. Partial investments can be made near support levels. Yes Bank has support around 305.

COMMODITIES:

Gold and silver reacted. Investors can watch 22800 in gold and 57000 in silver for buying.

Have strict stop losses

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