Wednesday, December 5, 2012

Stock to buy for medium term Adani Enterprises

Stock to buy for medium term Adani Enterprises
This stock has recovered from a strong declining trend
In this decline it slid from Rs 450 to Rs 150
Steadily it build a base and started rising
Rs 240 was a big resistance which it overcame on 3rd December 2012
Yesterday it  had a down session and  lost 1.8 percent.

Nse Code :ADANIENT
Last Closing Price:Rs 254.40
Its a buy  Below  Rs 245  with Stop loss of Rs 237
At worst it is going to trade in range of Rs 240-260
Any breakout from this range can take it to Rs 280 and Then Rs 300

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