Friday, May 12, 2017

Magma Fincorp Ltd ( MAGMA )-A Multi Bagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks, Financial Analysis & Valuations


MAGMA closes at ₹ 126.30   with  a  Fall       of   -1.30%   on   11 May  2017   with formation of  a  Red  candle     on Daily  Price Chart.  Technically,   MAGMA has 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     MAGMA at   CMP  
Target: ₹  150-175
Stop: Loss  :₹  114
Time Frame :   6  Months
Financials :  https://docs.google.com/spreadsheets/d/17EdRs0Ssqy6H3RLE05z40hOJQ_Hzrk3J_aeCwBjX9P0/edit?usp=sharing
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 You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

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