पोस्ट करनेवाले : mohan krishnamu
| Price when posted : BSE: Rs 58.00 ( -2.36 % ), NSE: Rs. 58.00 ( -2.52 % )|
Please note the following:
Today is the settlement day and so mostly you will see that the prices of most of the stock will; remain subdued.
Secondly , the date of the results of PrajInd is still not announced and so the day traders would like to square off positions.
It is only the positional traders and investors who hold on to their shares.The share has moved up from around 45 levels to 64+. It is time to see some profit booking and consolidation before the date of the results is announced.
You will see that once the date is announced, the price will start looking up smartly.
Finally bear in mind that this up move in this counter is for sure in anticipation a very good results by the company. And God willing if the results turn out to be as expected by the market. it could easyly cross 75/- in the coming days.
Good Luck!! ...