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29th July 2015
CNX Nifty opened on a flattish note and witnessed a choppy session as bulls and bears both made their share of attempts to drag the index on the either side.It has been making lower highs – lower lows from last three trading sessions and closed below its 200 DMA with the loss of around 25 points. Now the index needs to negate the negative formation of making lower highs - lower lows and cross and hold above 8380 zones to witness bounce back move towards 8440-8450 levels while if it fai... 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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