Saturday, 19 March 2016

Mangalam Cement Ltd.- Tomorrow's Intraday Trading Stock

Mangalam Cement Ltd. is looking strong on chart. This overall sector is looking very good. This particular stock is looking very attractive at current level. The stock has been closed at Rs.210/- in last trading session with huge volume of almost 10 times of its monthly average volume with about 48% delivery volume. Intraday trader should buy this stock with strict stoploss of Rs.205/- for 1st target of Rs/216/- , 2nd target of Rs.222.50/- and 3rd target of Rs.227/-. The stock has successfully closed above 150 days important moving average. Short term investor should hold this stock patiently with above said stoploss. In current scenario it may touch the level of Rs.248/-  and Rs.260/-in very short term.

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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