Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Equity Buy/Sell (Technical View)
Ø Alongwith Nifty, many scrips have also weakened. Investors would be well advised to look for support levels in frontline scrips to make investments. Short term and medium term investors can benefit by booking profits in pull backs and make decent returns.
o Bharti Airtel has support around 380-386 ;
o SBI ~ 2040-2050 ;
o Reliance Ind. around 750.
Ø The following are also good :
o Gitanjali Gems > 316 ;
o Ashok Leyland > 26/60 ;
o India Cements > 73/50 ;
o Maruti > 1290
COMMODITIES:
Ø Gold has reacted from 26500 levels to 25400. It still looks good on charts and could have one more leg up before a good 15-20% reaction. The stop loss for long term investors is far away at 22890. Short term traders however can move stops to around 24650. The best strategy is to book partial profits and have trailing stops for the rest.
Ø Silver is still moving sideways and has to cross 62500 now for strength.While the stop for long term investors remains at 49390, short term traders can have trailing stops to 56490.
Have strict stop losses
No comments:
Post a Comment