Piramal Glass
The stock is making an excellent inverted head and shoulders/cup and handle with multiple tops in the range of 138-145.
A breakout move above 142-145 range can give a target price of 165 in short term and much higher in medium term.
Traders can keep a watch on the stock whenever it breaks out with volumes above 142-145 levels.
Regards,
Nooresh
July 25, 2011
I want to knw isn’t it is a risky affair to invent in piramal glass as it is already in its 52 weeks high
July 25, 2011
Excellent pick Nooresh!
Hoping to expect more such picks from you with the market picking up steam recently.