Essel Propack
India Equity Analysis, Reports, Recommendations, Stock Tips and more!
Search Now
Recommendations
Showing posts with label Essel Propack. Show all posts
Showing posts with label Essel Propack. Show all posts
Saturday, July 30, 2011
Monday, May 23, 2011
Tuesday, February 08, 2011
Saturday, January 29, 2011
Thursday, January 20, 2011
Thursday, November 11, 2010
Saturday, November 06, 2010
Saturday, July 31, 2010
Saturday, June 19, 2010
Friday, April 30, 2010
Monday, September 07, 2009
Essel Propack
We recommend a buy in Essel Propack from a short-term perspective. It is apparent from the charts that the stock has been on an intermediate-term up trend since its multi-year low of Rs 9.5 recorded in early March. In early July, the stock took support around Rs 23 and resumed its uptrend. The stock breached it 21- and 50-day moving averages in mid August and is currently positioned well above these averages. Moreover, on September 4, the counter surpassed a key resistance at Rs 32 by gaining 5 per cent. We note that there is an increase in volume over the past four trading sessions. Both the daily and weekly relative strength index (RSI) are featuring in the bullish zone. Considering that the stock’s intermediate-term up trend line is intact, we are bullish on it from a short-term horizon. We anticipate the stock’s rally to continue until it hits our price target of Rs 37 in the upcoming trading sessions. Traders with a short-term perspective can buy the stock while maintaining a stop-loss at Rs 31.5.
via BL
Monday, September 15, 2008
Monday, April 23, 2007
Thursday, April 19, 2007
Tuesday, March 20, 2007
Tuesday, February 06, 2007
Sunday, December 10, 2006
Sunday, December 03, 2006
Subscribe to:
Posts (Atom)