Setco Automotive Ltd
closes at `35.50
with a
Gain of + 0.40 %
on 21 Feb 2017
with formation of a Red Candle
Candle on Daily Price Chart. Technically SETCO is entering into a Long Term
Bullish Trend. Major Momentum Indicators
are showing Strength on Daily Price
Chart. Our NNI index has also turned
Positive.
We Recommend to Buy/
Accumulate Setco Automotive Ltd at
CMP .
Target : `85
Stop: Loss : Nil
Time Frame: 1-18 Months
• SETCO has entered into is a
Multibagger pattern on Charts.
SETCO AUTOMOTIVE is a good stock with potential to become a multibagger.But I have some doubts about the capacity of the management to deliver.
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