Tuesday, May 3, 2011

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


GRAVITA closes  at 362.90 with a gain  of ++2.6% on 02 May 2011 with formation of Long White  Candle on Daily  Price Chart. Technically,  GRAVITAis ready to move upward from these levels. Major Momentum indicators are now gaining strength on daily price chart.Swing 350 is moving upwared. PIR daily is crossing the weekly PIR. Spearman has given positive-crossover on charts.
We Recommend to  Buy – GRAVITA at CMP
Target- 392/421
Stop-Loss - 346
Time Frame- 20-25 Trading Days
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