One of the stocks which we have analysed earlier too in our ITG meeting is SPARC (Sun Pharma Advanced Research Centre).
The stock has broken out of a long term trend line on huge volumes and it seems that the medium to long term trend is highly positive.
While those who attended the ITG have had their entry earlier, even at current price of Rs 99+ the stock should be good for medium to long term.
Keep a stoploss near to Rs 83 and wait for an initial target between 124-130.
Incidentally, you may want to check RCOM (analysed a few days back on this blog).. The close today is encouraging.Even a move above 174 should create fireworks in intraday!
Happy Trading!
CA Rajiv D Khatlawala
www.investogyan.com
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