Sunday, April 12, 2015

Voltas Ltd- Rs.306/- has made an all time high after nearly 7 years. It has failed to move above Rs.270 Levels atleast three times and this time it successfully went over it. Notice the volumes are heavy indicating the some informed buying has gone into the stock and it has all the potential to move up substantially from current levels. Fundamentally there is no introduction required by the company it is a leading engineering, mining, construction equipments and solutions. So considering the infrastructure push of the current government we can expect healthy movement in long term. It appears the move has just started. Stop Loss:227/-.

Mahiidar M
Enjoying Life
Trend is Friend.

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