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Friday, 26 July 2013

SKSMICRO

Technical Desk Call - 26July2013

Strong Buy SKSMICRO above 110 Stoploss 102 Target 119 +++ 126


sksmicro daily technical chart


Remarks: SKSMICRO on daily chart looks good and we are anticipating the counter to bottomed out around 102 to 105 level which it is holding since last quarter and today the counter has given good breakout on upside with huge volume and had also delivered good quarter result so we are of the view that on coming days we are expecting the stock price to go 125 to 140 level in a month time period. Read our disclaimer.



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