Tuesday, September 26, 2006

NATIONAL ALUMINIUM


STOCK TECK view: http://prabhakar-views.blogspot.com NATIONALUM(209) target rs.259-277 this stock moved from rs.152 to 334 in 29week and reacted till rs.185 and now 20weeks has happened so 80% of price and time has been retraced, and we would see a techincal bounce back & F&O indicators are pointing towards that and rs.215 would be a very crucial level to watch. This stock has a potential of giving above 20% return and one should have adquate stop loss so that he has a favorable risk reward ratio.

No comments: