Monday, January 16, 2017

KNR Constructions Ltd (KNRCON )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

KNRCON  Closes  at  `166.80  with a  fall    of – 1.10% on 16 Jan 2017   with formation of  a  Small Red  Candle on Daily  Price Chart. Technically,  KNRCON is entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our MF/FII/ Bulls  index has also turned Positive.
We Recommend to Buy/ Accumulate KNRCON at CMP   
Target : Multibagger(`202/300)
Stop: Loss : ``153 (Exit-`145)
Time Frame: 50-250 Trading Sessions
• KNRCON is making a Multibagger pattern on Charts. We may hold it for a period of 12-16  months for a Target of `300.

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