ABB Ltd :-Hold for a long term. The stock should rise above 975 by the end of June, otherwise it will trade in a sideways trend. Current Market Price (CMP) of the share is Rs 830.95 ( HOLD )
Prasad Kushe of www.equitytrendz.com
Technofab Engineering Ltd :- The stock is falling steadily and move downside is left. It can also fall to 50 levels. Current Market Price (CMP) of the share is Rs 157.5 ( SELL )
Prasad Kushe of www.equitytrendz.com
Praj Industries Ltd :- The stock is in its final leg of correction and overall the counter is looking good. On the downside, the stock may reach 60 level. But upside is left in long term. If it crosses 90, the conservative target remains around 120-150.
Current Market Price (CMP) of the share is Rs 77.25 ( HOLD )
Prasad Kushe of www.equitytrendz.com
BGR Energy Systems Ltd :- The stock has completed up move to 871 and then corrected. It will remain range-bound for six to nine months with the possibility of reaching 400 on the downside. Upside is limited at 800-850. Current Market Price (CMP) of the share is Rs 567.00 ( HOLD )
Prasad Kushe of www.equitytrendz.com
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{ 2 comments… read them below or add one }
What are the short term targets on Praj Industries Ltd & Nitco(2 weeks).
Hi Pradeep,
Short term targets for Praj Industries Ltd & Nitco are Rs 84 and Rs 55.