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27th February 2015
CNX Nifty opened on a positive note but failed to sustain the higher levels and fell down in the negative territory. The railway budget also failed to trigger the positive momentum and post lunch hours it further slipped below its psychological 8700 levels hitting an intraday low of 8669 levels. Now index needs to move back above 8740 levels to witness buying interest towards 8840 and 8880 levels. On the downside it has support near to 8650 zones and if it fails to hold then profit boo... 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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