5 August, 2011: Equity Buy/Sell (Technical View) IFCI research,

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Equity Buy/Sell (Technical View)

Ø  The We give below the support levels of two frontline scrips :

HDFC ~ 665 ;

L&T ~ 1630 and then 1475.

L&T at 1648 and HDFC at 676 are good opportunities for investment at current levels for investors in all time frames.

Ø  The following are good :

Gitanjali Gems > 317 ;

KPIT > 191 ;

HPCL > 398 ;

BPCL > 698.

COMMODITIES:

Ø  The recovery in gold and silver has been remarkable, especially in gold. We do hope that our advise was timely.

Ø  While stops can be retained in gold at the same levels and for silver, stops can be raised to 57450.

   

Have strict stop losses