ZICOM Closes at `43.35 with a Gain of +5.70% on 17 Feb 2012 with formation of a Huge Gap Up(Small Black Candle) & Expanding Triangle Pattern on Daily Price Chart .Technically, ZICOM is looking good on charts. BSF is moving Upward.
We Recommend to BUY: ZICOM at CMP ABOVE ` 212.65
Target : `44.40/46.20/49.25
Stop: Loss :`39.60
Time Frame: 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.