Deepak Fertilizers (#NSE DEEPAKFERT) – the march to 175 is alive. | Indian stocks with winning stock price structures, technical & fundamental analysis, and market investment strategies

Winning Stock Price Structures

Friday, August 27, 2010

Deepak Fertilizers (#NSE DEEPAKFERT) – the march to 175 is alive.

Aug 27, 2010: Had a large volume day few days ago and came back to ice to test on low volume. It's ready to move up to 175.

Aug 9, 2010: Value Notes Report - Target of 184."At the current market price of Rs.153.50, the stock is trading at 7.02 x FY11E and 6.42 x FY12E respectively."

July 31, 2010: It made a new high, would have liked to see a strong follow-through on the upside. It is retracing on low volume. Chart looks good for a move to 175-180.

Weekly Chart

Labels: Pick, Stock

0 Comments:

Post a Comment

<< Home

Winning Stock Price Structures

Disclaimer: The information contained in this website is for general information purposes only. The reader should verify all claims before making investment or trading decisions. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments. You bear responsibility for your own investment research and decisions, and should seek the advice of a certified financial advisor before making any investment We will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information in this site (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). Writers and contributors may be trading in, or have positions in the securities mentioned in their articles.