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22nd August 2014
CNX Nifty opened on a flat note in line with the closing of previous trading session but surged high to 7920 levels in the morning trade. It witnessed minor profit booking towards 7855 but managed to hold the lower zone and closed positive near to 7900 zone with the intraday gain of 16 points. Medium term and short term both the trend are positive thus index may continue its positive rally towards higher levels till it doesn’t break 7820 levels on the downside. For the day, it has to h... more
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Reco. Pr.: 36; TGT : 60; Hold Period 2-3 mths-
Company is a leading Ductile Iron pipes and cast iron pipe manufacturing company. It also offers turnkey solutions in water transport and sewage management.
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