Tuesday, 29 March 2016

Surya Roshni Ltd.- Intraday stock for trading

 Surya Roshni Ltd. is looking very good on chart. This stock is currently trading at Rs.142/- on NSE with good volume. One should buy it with strict stoploss of Rs.139/- for intraday 1st target of Rs.146.30/- , 2nd  target of Rs.147.90/- and 3rd target of Rs.150.75/-. One should hold this stock with above said stoploss. A fresh momentum should be seen in this stock  after crossing the level of Rs.151/-. In short term the stock may see the level of Rs.170/- to Rs.175/- Now the stock is trading over its 200 days moving average with almost 31% delivery volume. Today trading  volume was almost 5 times more than its monthly average volume. One should hold it patiently. Book Value of this stock is Rs.185/- and the stock is still trading below that level.

 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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