Saturday, June 15, 2013

0001BHEL16June2013 – Bet on it!

After a hiatus from tech analysis due to my job, I have come back with a bang. And this stock brings promises of a 30 point gain. Right now, the stock is trading at a 4 month low of mid 170s. First target of 188-190 and second target of 197-200 will be a good bet. Since, these are the levels that the stock has skirted just twice in 4 months we need to keep a tight stoploss of 170.



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