Saturday, 19 March 2016

Kohinoor Foods Ltd.- Tomorrow's Intraday Trading Stock

Kohinoor Foods Ltd. is looking good on chart. It seems that lower bottom has been made and upward momentum should be maintain after good correction which has been earlier seen in this stock already. One should buy this stock for intraday view with strict stoploss of Rs.42.80/- for 1st target of Rs.46.05/- 2nd target of Rs.47.25/- and 3rd target of Rs.48.30/-. In this current momentum this stock may see the level of Rs.52/- in very short term. The stock has been closed at Rs.44.90/- in last trading session with huge volume of almost 5 times of its monthly trading average volume with around 26% of its delivery volume. The stock has been closed above 50 days important moving average. Short term traders or investor should hold it patiently with above said stoploss for target of Rs.52/-.This sector is looking very attractive.

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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