Friday, October 1, 2010

New month may not be as hunky dory as the previous one. Trade Safe and with no leverage..

 
Stock View: Dynamatic Tech

The stock after giving a breakout from channel became overbought and was consolidating between a 50 pointer range. Yesterday's move with vols shows that stock has once again given a breakout and is expected to move higher. Buy Dynamatic Technologies part qty at current price of 1295-1305 and add on dips to 1270-1275 with stoploss of 1250 on closing basis and look for targets 1400 /1550 in short term.



Have a nice trading day

Regards

Ankit

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