Tuesday, March 6, 2018

Stocks which are Bought by Management in on 06 March 2018


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Amco India Ltd ( 530133 )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Amco India Ltd closes   at ₹ 37.35   with  a  Gain     of    + 9.10  %  %  on    05-March-2018   with formation of  a  Green    Candle    on Daily  Price Chart. Technically,  Amco India 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 may    BUY /    Accumulate  Amco India Ltd at  CMP
Target : ₹ 60-65
Stop: Loss : ₹33
Time Frame: 1-6  Months
Financials :   https://www.screener.in/company/530133/
Disclaimer : We are / may going to take exposure shortly.
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Nifty Next : Nifty Future Trading Range on Tuesday 06.03.2018



Nifty-F closes at 10365 with a Fall  of -0.9%   on 05.03.2018  with formation of a Bullish Doji Star Candle. We are expecting that Nifty-Future will  trade with Flat to Positive  note within the Range of 10317-10412 & will settle around 10396.  We have Nifty Mid-Term Support/ Resistance at 9360/11440  for the next 6 months.
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Disclaimer

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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