SPML Infra-Rs.88/- SPML infra seems to have started an up move after nearly five months of consolidation. The above chart is the weekly chart. Look at the consolidation one consolidation exactly below 200 week EMA and other just at 200 week EMA which is a bullish sign. Notice the consolidation it is a step up consolidation which is very bullish signal generally these type of consolidation indicate a good up side movement for the concerned stock.The financials are not much to boost about Even the quarterly results do not indicate that much improvement, but it seems that the market is looking into the future of the stock and it has give excellent results in previous infra boom so it seems market seems to be looking at the future of the company.Technically a good stock to get into as per my personal opinion.

May all be Peaceful and Happy

M.Mahiidar

Enjoying Life

Trend is Friend.