Equity Buy/Sell (Technical View) Ø 1 Dec: IFCI research

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Equity Buy/Sell (Technical View)

Ø  The following are good for investment/accumulation :

o   Colgate > 1016 ;                  Glaxo > 2515 ;                   Havels > 426 ;

o   HDFC > 651 ;                       ITC > 203 ;                         Kotak Bk. > 472 ;

o   Lupin > 478 ;                       Rajesh Expo > 133 ;          R Com > 75/50 ;

o   Sun Pharma > 533 ;            TCS > 1227. Investors are advised to book profits at regular intervals.

o   Hind Lever reversed up as expected. We have already mentioned that it has the potential to touch 450.

INR VS USD :

Ø  Rupee turned weak again, but could not close below 52/50 which proves to be a formidable resistance.

Have strict stop losses