EVEREADY closes at 49 on 04 Feb 2011 with formation of Inverted Hammer on Daily Price Chart. It is Trading much Below its Book Value of 315.7.Technically EVEREADY has given a Positive Signals on Daily price chart. Nifty Next Trend Finder has given the early Buy signals. It may emerge as a Multi-bagger in Next Few Months.
We Recommend to Buy & Hold – EVEREADY at CMP
Target-105
Time Frame- 6 months
Stop-Loss - 40
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