United Phosphorous
The stock can give a confirmed breakout above 340-345 levels.
Good consolidation over the last few months.
Accumulate at 325-335 with a stoploss of 315 and a target of 400.
-> This is an interesting company with good div yield and a new promoter – Barings PE which is consistently buying from open market.
-> This may not be a blockbuster mover similar to the sharp moves in current markets but a good risk-reward bet which needs to be accumulated slowly between 165-150. Downside limited to 140.
Disclosure : The stock has been recommended in our Big Value at 150 levels.
There are a lot of other smallcaps/midcaps we are looking at but given the sharp moves cannot share on the blog. Do not expect quickfire returns 🙂 . The focus is on low risk high reward trades.
TECHNICAL ANALYSIS TRAINING SESSION MUMBAI
13-14 th September 2014
For more details call Nooresh 09819225396 or Ankit 09899899989 . Course detailshttps://nooreshtech.co.in/technical-analysis-training
Nooresh Merani
www.analyseindia.com
Twitter – https://twitter.com/nooreshtech
Facebook – https://www.facebook.com/nooreshtech
