VALUETRADE Academy wishes you all a very happy Diwali and a Great NEW year ahead!
The first thing which comes to mind on the eve of Diwali is ' What to buy for 'Mahurat'? Definitely something which we can hold for long term and which we can buy currently at a reasonable level.
POWERGRID - seems to be just the prime pick for the medium term investor. . .
The technical formation is good , even the advanced indicators (not shown here) and retracement and extension analysis suggests strength developing...
A close above Rs 116 with volume expansion should give us the required signal to jump into the stock .... And support remains strong near Rs 100/- levels ( My Basic course participants will know why !)
On break out , expect a 40% plus target in a few weeks ....
Happy Diwali once again!
CA Rajiv D Khatlawala
Valuetrade Academy Pvt Ltd.
2 comments:
This blog is not for purpose of advt by other blogs... Please refrain from it ...
In fact it will creae a negative impression of the blog which is being advertised....
I hope all get the message.
CA Rajiv D Khatlawala
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