Technical Report : IFCI: 11.04.2008 : LONG TERM BUY

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K.Karthik Raja

unread,
Apr 11, 2008, 7:04:16 AM4/11/08
to Kences1
IFCI Limited CMP @ 43.90
Segment: EQ
NSE Code: IFCI
Paidup Value 10
Face Value: 10
Market Lot: 1
ISIN Code : INE039A01010
Listing Date :26-APR-1995
---------------------------------------------------------------------------------
IFCI is trading in a range of 36-47
levels in last few week sessions with weak volume .
IFCI is already trading below the 200DMA.
Investors with long term investment can BUY/Accumulate the
stock in the range of 40-47 levels for an
Long-term target of 52/63/78/80.(Equity Alert Note:This stock is not
for short term investment)
--------------------------------------------------------------------------------
Today stock movement
High: 45.20 Low: 42.85
Open: 43.20 Value: 103.83 Cr.
Volume: 23434943 10-day Avg. Vol: 16882368
Circuit Filters For Next Day: No Circuit Filters
---------------------------------------------------------------------------------
STOCK PERFORMANCE
52-Week Range (Low - High) : 31.05 - 121.20
4.77% in 1 Week
-19.82% in 1 Month
8.80% in 1 Year
---------------------------------------------------------------------------------
Moving Averages for IFCI
SMA-7: 43.14 SMA-13: 43.57 SMA-26: 47.08 SMA-50: 54.41
SMA-200: 72.02
EMA-12: 43.99 EMA-26: 47.60 EMA-50: 54.35 EMA-200: 63.04 MACD:
-3.61

---------------------------------------------------------------------------------
Other Indicators
Volume (last/ 5 day average): 23435000 / 14662000
- 5 day RSI: 55 - no indication.
- 14 day RSI: 40 - no indication.
- Williams % R(14): 68 (summation factor 100)
- Average Directional Index ADX: 32

----------------------------------------------------------------------------------
F & O UPDATE As on 10th April 2008
Current month futures for IFCI closed at 44.00 (Rs. 0.10 PREMIUM) with
a turnover of Rs. 72.06 Crores. Adds 713140 shares(1.99%) in open
interest pushing the open interest to 36543500 shares.

-----------------------------------------------------------------------------------

Commentary For Trading/Invesment:
2 day swing: Buy above 45
5 day swing: Buy above 45
20 day swing: Buy above 59
Investment around 40-47 levels for an Long-term target of 52/63/78/80.
(Equity Alert Note:This stock is not for short term investment)
All long positions in the stocks should be protected with a stop loss
placed below mentioned levels on a closing basis.
--------------------------------------------------------------------------------------

Disclaimer
The suggestions made herein are for information purposes and are not
recommendations to any person to buy or sell any securities. The
information is derived from various sources that are deemed to be
reliable but its accuracy and completeness are not guaranteed.. The
company does not accept any liability for the use of this column.
Readers of this column who buy or sell securities based on the
information in this column are solely responsible for their actions.
And
we won't be liable or responsible for any legal or financial losses
made by anyone


Sukumar

unread,
Apr 11, 2008, 8:33:40 AM4/11/08
to Kences1
you have selected super stock that is already strong in
fundamental.Then you analysed via technical and gave the report at
suitable time.I desired you to do analysis on ifci,as i expected you
done the best.This stock will achieve the target as this is a good
fundamentally and technically strong stock.Volumewise it has showed
huge numbers many times.I appreciate you to pick the calls like
this.Expecting more from you.Keep touch with success.

N.Sukumar

On Apr 11, 4:04 pm, "K.Karthik Raja" <kenc...@gmail.com> wrote:
> IFCI Limited CMP @ 43.90
> Segment: EQ
> NSE Code: IFCI
> Paidup Value 10
> Face Value: 10
> Market Lot: 1
> ISIN Code : INE039A01010
> Listing Date :26-APR-1995
> ---------------------------------------------------------------------------­------
> IFCI is trading in a range of 36-47
> levels in last few week sessions with weak volume .
> IFCI is already trading below the 200DMA.
> Investors with long term investment can BUY/Accumulate the
> stock in the range of 40-47 levels for an
> Long-term target of 52/63/78/80.(Equity Alert Note:This stock is not
> for short term investment)
> ---------------------------------------------------------------------------­-----
> Today stock movement
> High: 45.20 Low: 42.85
> Open: 43.20 Value: 103.83 Cr.
> Volume: 23434943 10-day Avg. Vol: 16882368
> Circuit Filters For Next Day: No Circuit Filters
> ---------------------------------------------------------------------------­------
> STOCK PERFORMANCE
> 52-Week Range (Low - High) : 31.05 - 121.20
>   4.77% in 1 Week
>   -19.82% in 1 Month
>   8.80% in 1 Year
> ---------------------------------------------------------------------------­------
> Moving Averages for IFCI
> SMA-7: 43.14   SMA-13: 43.57   SMA-26: 47.08   SMA-50: 54.41
> SMA-200: 72.02
> EMA-12: 43.99   EMA-26: 47.60   EMA-50: 54.35   EMA-200: 63.04   MACD:
> -3.61
>
> ---------------------------------------------------------------------------­------
> Other Indicators
>  Volume (last/ 5 day average): 23435000 / 14662000
> - 5 day RSI: 55 - no indication.
> - 14 day RSI: 40 - no indication.
> - Williams % R(14): 68 (summation factor 100)
> - Average Directional Index ADX: 32
>
> ---------------------------------------------------------------------------­-------
> F & O UPDATE As on 10th April 2008
> Current month futures for IFCI closed at 44.00 (Rs. 0.10 PREMIUM) with
> a turnover of Rs. 72.06 Crores. Adds 713140 shares(1.99%) in open
> interest pushing the open interest to 36543500 shares.
>
> ---------------------------------------------------------------------------­--------
>
> Commentary For Trading/Invesment:
> 2 day swing: Buy above 45
> 5 day swing: Buy above 45
> 20 day swing: Buy above 59
> Investment around 40-47 levels for an Long-term target of 52/63/78/80.
> (Equity Alert Note:This stock is not for short term investment)
> All long positions in the stocks should be protected with a stop loss
> placed below mentioned levels on a closing basis.
> ---------------------------------------------------------------------------­-----------
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