Wednesday, November 5, 2014

Speciality Restaurants-Rs.172/- i have been waiting for long for this stock to make a 52 week high to enable me to buy into this stock. The stock hsa just made a 52 week high. in June it found resistance at 200 week EMA and now it has successfully moved above it indicating that bulls have conquered this area and not it appears that the stock has all possible chances of making all time high which is around 230 levels. so we can expect a rise of 30 to 40% from current level. The margin of safety is very high as the stop loss can be safely be put ant 200 week EMA which happens to be around 153 levels.

May all be peaceful and happy

M.Mahiidar
Enjoying Life
Trend is Friend.

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