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Sunday, November 09, 2014

RATNAMANI METALS & TUBES BASED ON DATA TILL 7-11-2014

RATNAMANI METALS & TUBES CMP 568.60
SHORT TERM
The stock has made ascending base pattern and made new high. Most of the indicators are in buy mode.

CONCLUSION: I PREFER TO BUY THIS STOCK BETWEEN 568 AND 550 AFTER HAVING AN INITIAL STOP LOSS AT RS. 424 AND BOOK PROFIT OR EXIT WHEN THE STOCK GOES BELOW FIVE DAYS LOW.

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