Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
21 October, 2014 15:50 IST
News

Source: rss | 21-Oct-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
Chokhani Securities standalone quarterly profit zooms 2.94 times - 21-Oct-2014 15:47
JSW Steel turns to consolidated profit in Jul-Sep quarter - 21-Oct-2014 15:40
South Indian Bank Q2 profit falls 40% - 21-Oct-2014 14:49
Kaveri Seed Company consolidated quarterly earnings zoom 3.78 times - 21-Oct-2014 14:30
Govt decides merger of National Spot Exchange - 21-Oct-2014 14:24
U P L consolidated quarterly earnings up 7.39% - 21-Oct-2014 14:19
Ashima loss widens in Jul-Sep quarter - 21-Oct-2014 14:16
CRISIL enhances rated amount for Pidilite Industries - 21-Oct-2014 14:14
Welspun Corp turns to profit in Jul-Sep quarter consolidated - 21-Oct-2014 14:10
FIIs raise stake in HDIL - 21-Oct-2014 14:07
HDFC Bank Q2 earnings climb 20% - 21-Oct-2014 13:40
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   gkqfhg into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer