Technical Desk Call-18Oct2012
Strong Buy CMAHENDRA above 101 StopLoss 99 Target 115-120
Remark: Based on Price-Volume Pattern analysis we are of the view that CMAHENDRA can easily sustain this rally up to a price of 120 before it pause its momentum for much deeper consolidation in long run. Also other supportive indicators like RSI and MACD is also improving which indicate much upside is still left in this counter, so we advise Investors/Traders to trade this counter with due diligence.
Strong Buy CMAHENDRA above 101 StopLoss 99 Target 115-120
Remark: Based on Price-Volume Pattern analysis we are of the view that CMAHENDRA can easily sustain this rally up to a price of 120 before it pause its momentum for much deeper consolidation in long run. Also other supportive indicators like RSI and MACD is also improving which indicate much upside is still left in this counter, so we advise Investors/Traders to trade this counter with due diligence.
Alert:::Itraday trader can book profit above 110.....
ReplyDeleteDisclosure:::Our clients have exited from CMAHENDRA around 118.50..so we advised our readers to kindly exit from the stock at this level......call is closed successfully.
ReplyDelete