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Tuesday, October 28, 2014

SMARTLINK NETWORK SYSTEMS 28-10-2018


SMARTLINK NETWORK CMP 86.55
SHORT TERM TO MEDIUM TERM INVESTMENT
This stock has been in consolidation for more than two years. The stock is above rising 50,100 and 200 dma's The stock is in accumulation and is outperforming nifty.
Directional indicators are indicating uptrend.Most of the momentum indicators are in buy mode.
Indicators based on volume are also indicating uptrend.

CONCLUSION:I PREFER TO KEEP INITIAL STOP LOSS AT RS. 69 AND BOOK PROFIT OR EXIT WHEN THE STOCK COMES BELOW THREE WEEKS LOW.GANN 
TARGET 140 IN SHORT TERM TO MEDIUM TERM

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