Friday, September 3, 2010

Expect 30-40 point Intraday rally if Nifty spot crosses 5510-5515. The closing is a lot more important.

  
Stock View: Sintex

After a one side move from 260 to 380 in month of June and July, the stock consolidated between a tight range in August. A move above 370 will be considered as a breakout from the tight range. Buy Sintex only if it sustains above 370-372 with stoploss of 365 and look for targets  390/410 in short term.



Have a nice trading day

Regards

Ankit
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1 comment:

  1. alphabet1September 3, 2010 at 8:11 PM

    Strong support at 365-362-359-327 but will fly above 373. Good stock for portfolio.

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