Dishman Pharma- Rs.99/-

Dishman Pharma seems to have just give a break out. refer to chart above. during last five months it has taken support at the 200 day EMA four times and was in the range of 85 to 90 and today it broke above the range and that toooo with heavy volumes which confirms the up move has just begun. the Volumes traded during the range trading indicates that good amount of accumulation has gone into the stock and we might easily see it raising 30% from current levels. so a very good buy technically. fundamentally also it has TTM EPS of 19 against the EPS of 13 for FY-13 and also for the quarter ended March 2014 has an EPS of 8.65 an increase of 276% and for the quarter ended dec 2013 EPS increase of 163% which clearly states that the stock is poised for good days to come so a good buy at this price both fundamentally and technically. Stop loss below 200 day EMA.80/-

M.MahidaRSri
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