Thursday, May 5, 2011

Manhindra Holiday(MHRIL)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


MHRIL closes  at 366 with a fall of -0.5% on 04 May 2011 with formation of  Long White  Candle on Daily  Price Chart. Technically, MHRIL is looking weak on Charts. Major momentum indicators are in bearish zone. PIR daily is trading below its weakly value. Swing 350 is also negative/red.
We Recommend to SELL   –  MHRIL at CMP or Below 364.75
Target- 323
Stop-Loss – 371
Time Frame- 20-25 Trading Days
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