Thursday, May 19, 2011

Pantaloon Retail (India) Ltd.( PANTALOONR)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


PANTALOONR closes  at 257.70 with a  gain of +6.51 % on 19 May 2011 with formation of  Long White Candle   on Daily  Price Chart. Technically, PANTALOONR  is looking extremely overbought  on  Charts. Major Momentum indicators are now trading at higher levels, with indication of a Steep Fall from Higher levels.
We Recommend to SELL  –   PANTALOONR At  CMP
Target- 241
Stop-Loss –260
Time Frame- 5-10 Trading Days
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