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Thursday, October 30, 2014

BIRLA CORP 30-10-2014


BIRLA CORP  CMP 511.25.
SHORT TERM TO MEDIUM TERM

This stock is in accumulation zone and is outperforming nifty. most of the directional, momentum, volatility sand volume based indicators are in buy mode.It is traded above 50,100, 200 dma's

CONCLUSION: I PREFER TO BUY THIS AT PRESENT LEVEL AFTER KEEPING A STOP LOSS LEVEL AT 445 AND BOOK PROFIT AT THE TARGET PRICE OF 740.

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