Thursday, April 14, 2011

SPARC :-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


SPARC closes   at 94.4 with a gain  of +20% on 13 April 2011 with formation of Long White  Candle on Daily  Price Chart. It Hits upper circuit on Sun Pharma –Merck Deal. Technically, SPARC  is in Up-Tend.  It is Now Trading above Bulls-Fear level. PIR Daily is now Trading above its weekly Value, making it bullish on daily charts. Momentum Indicators, Speraman, CCI & MFI all are showing Bullishness on Daily price charts.
We Recommend to Buy   – SPARC at CMP
Target-101.65
Time Frame- 5 Trading Days
Stop-Loss -91.20
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