Friday, August 6, 2010

BULL'S EYE - S Kumars

S kumars Nationwide is making a higher high and higher low pattern, which means it is in uptrend. Recently it has a break out above Rs. 80 and made a 52 week high of Rs87.
But this is not done Yet. The uptrend is not yet over.
The undertone is still bullish.
My view is buy this @ current level of Rs. 83 with a SL of 79 for the TGt of 100.
Happy Investing.

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