Thursday, January 12, 2006

SRF is starting to look attractive.It is forming Ascending triangle. Volumes also decreasing. My take is that little more riskier investor should get in Long right now. Safe bet would be to wait for a break out from 296-300 Level. From where the stock can see 50 Rs. Upside. In any case have your stop at around 280. Check volumes also during the break-out.Thanx, Ravi

Ravi Pathak

No comments: