Friday, May 6, 2011

Shriram Transport Finance Company Ltd(SRTRANSFIN).-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


SRTRANSFIN  closes  at Rs. 608.60 with a fall of -9.20% on 05 May 2011 with formation of  Long Black  Candle on Daily  Price Chart. Technically, SRTRANSFIN  is  in oversold zone. It has formed a Bullish-Butterfly pattern on daily price chart. Momentum indicators, are started showing some bullishness on daily price chart.
We Recommend to BUY   – SRTRANSFIN  at CMP
Target-760/837/996
Stop-Loss – 571
Time Frame- 30-40 Trading Days
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