Tuesday, June 13, 2017

Indian Toners & Developers Ltd ( 523586 )-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


Indian Toners & Developers Ltd closes at ₹ 227.50    with  a  Gain      of   + 20.0 %   on    12 June 2017   with formation of  a  Long  Green  Candle     on Daily  Price Chart.  Technically ,   Indian Toners & Developers Ltd 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     Indian Toners & Developers Ltd at   Lower levels ( ₹ 201-207 Preferred )
Target: ₹  350
Stop Loss  : ₹  xx
Time Frame  :  6 Months
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Disclaimer : We are having Vested Interest  in it.


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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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