30 July, 2014 16:37 IST
News

Source: rss (30-Jul-14)
Comments  |  Post Comment

RK Global Shares & Securities recommended buying Exide Industries on dips to Rs 146 for a target of Rs 151 with a strict stop loss placed (on daily closing basis) Rs 143.50 from tenure of 3-4 days.

"The stock rebounded exactly from its 200DEMA and is on recovery mode. It closed at highest point of the day with a bullish engulfing candle pattern. It is trading above both the short term moving averages. We saw steep recovery in the RSI and Stochastic on daily chart along with a bullish indication from +DI - DI.  So, we recommend a `Buy` call in the script for the immediate target of Rs 151,'' firm said.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.


News
Mawana Sugars loss narrows in Apr-Jun quarter - 30-Jul-2014 16:35
Z F Steering Gear (India) standalone quarterly earnings decline 23.54% - 30-Jul-2014 16:31
Orient Refractories standalone quarterly earnings rise 5.23% - 30-Jul-2014 16:28
SKM Egg Products Export (India) standalone quarterly profit soars 4.08 times - 30-Jul-2014 16:05
IRB Infrastructure Developers standalone quarterly net up 11.77% - 30-Jul-2014 16:02
Ashirwad Capital standalone quarterly net soars 6.72 times - 30-Jul-2014 15:55
H E G turns to profit in Apr-Jun quarter - 30-Jul-2014 15:52
Cadila Healthcare standalone quarterly net declines 8.74% - 30-Jul-2014 15:49
Jyoti Structures turns to loss in Apr-Jun quarter - 30-Jul-2014 15:49
I G Petrochemicals swings to profit in Apr-Jun quarter - 30-Jul-2014 15:46
Dr Reddy's Q1 consolidated profit rises 52.8% - 30-Jul-2014 15:31
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   cmnxhn into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer