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29 November 2011

29 Nov 2011:: Equity Buy/Sell (Technical View):: IFCI research,

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Equity Buy/Sell (Technical View)

Ø  The following are good in the short term :
o   Karnataka Bk. > 83 ;                        Pantaloon > 240 ;
o   PNB > 940 ;                                       Sun Pharma > 521 ;
o   Ultratech > 1200.

Ø  The following are good for accumulation :
o   ACC > 1205 ;                                     Cipla > 328 ;
o   Ambuja Cement > 152 ;                  Tata Coffee > 844.

 COMMODITIES :

Ø  Gold and silver have been volatile. As we have mentioned earlier, we should wait for a close above 29000 in gold or make Rs.300-500 profit by buying near 28300-500 and selling near 28800-900. We had opportunities a couple of times already in this range.

Have strict stop losses

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