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22nd May 2015
CNX Nifty opened flat to negative and fell down below its psychological 8400 levels in the first half of the session however in the second half it hovered around 8400 zones. The index formed a DOJI candle on daily chart, thus showing the indecisiveness between the bulls and the bears and made it close near the previous day’s close, with a minimal loss of 2 points. The index is trading near its 35DMA from last two trading session and now it has to hold its 8420 zones to continue the up ... 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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