Thursday, November 11, 2010

Rangebound NIfty futures between 6260- 6345, A move above 6345 can give anoher 50 odd points.

 
Stock View: Ruchi Soya

Perfect flag pattern and good consolidation between 140 and 125 odd levels, now a sustained move above 138-140 would give a confirmation of a breakout. Buy Ruchi Soya only if it sustains above 139-140 with stoploss of 135 on closing basis and targets 153/155 in near term and may do 180 odd levels is long term...



Have a nice trading day

Regards

Ankit

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