Friday, May 6, 2011

Vardhman Acrylics Ltd(VARDHACRLC)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


VARDHACRLC closes  at 12with a increase of _14.3% on 05 May 2011 with formation of  Long White  Candle on Daily  Price Chart. Technically, VARDHACRLC  is looking good daily price charts. Major momentum indicators are in Bullish zone. PIR daily is trading above its weakly value. Swing 350 is also Greeen. Momentum Indicators- Spearman has given bullish cross-over.
We Recommend to BUY   –VARDHACRLC  at CMP
Target- 16.50/21
Stop-Loss – 9
Time Frame- 30-45 Trading Days
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