Wednesday, November 10, 2010

Nagarjuna Construction : A new pattern in making!

Nagarjuna Construction has displayed a Bullish Ascending Triangle Pattern. The Price Target on the upside from here is 163, one the breakout over the price of 156. The S/L here would be 151. One of the major concerns here is the key Volume confirmation has not been so strong , so stick to the above mentioned stop loss. The ideal target achievement should be next week.

No comments:

Post a Comment