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30th November 2015
Nifty 50 opened above its 7900 levels and throughout the day traded with positive bias. It witnessed support based buying interest at every decline and settled the day with the decent gain of around 60 points. It registered a breakout from the consolidation of last two weeks and gave the highest daily close of last twelve trading sessions. Now it needs to hold above 7920 zones with follow up buying interest to continue the bounce back move towards 8000 and 8050 levels. However if it fa... 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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