Excel Industries - 384/- Made an all time high after slightly consolidating for nearly two months. Notice the volumes also they are very high, and also it was a gap up opening over previous high and that too on volumes which clearly indicates that the stock has further potential to move up substantially. Fundamentally also the company has been performing very very well. its TTM EPS is around 28 and also last three to four quarters were exceptionally good indicating that the up move is supported fundamentally also which indicates that the movement is genuine and we can expect further upside movements. As the stock has moves substantially till now also the margin of safety is very low but we should consider stop loss below the close of previous high. So we can put stop loss on close below the Rs.320/-.

May all be peacefull and Happy
M.Mahiidar
Enjoying life
Trend is Friend.