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8th February 2016
Nifty 50 opened positive and traded in a pleasant mood unlike the volatility witnessed in previous 3-4 sessions. It edged higher towards 7480 levels and was hovering near the same during the lunch hours. However, in the last hour of trade it registered an intraday high of 7503 levels but due to absence of follow up buying it drifted towards 7480 levels and ended the session with the gains of around 85 points. Now it has to continue to hold above 7450 zones to witness buying interest t... 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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