The stock has taken support around Rs 66 in recent market correction and now it is forming Inverse Head & Shoulders formation. Above Rs 79 the stock would break out and we can see Rs 87-89 as short-term target on this stock. The stock has started trading above all major moving averages which is one more sign of strength.
Previous posting on GUJ NRE COKE:- http://tanmaygopal.blogspot.com/2010/01/coal-black-diamond-india-is-3rd-largest.html
http://tanmaygopal.blogspot.com/2010/02/update-on-coal-and-guj-nre-coke-we-had.html
1 comment:
Sir,
Could you please share your views on investing in Reliance Capital and Reliance Infrastructure for 2 years from now or shall we wait for a corection or better a bet on this space.
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