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Saturday, July 21, 2012

Sadbhav Engineering ( CMP : 139.9)


Date : 20.July.2012



Investment logic :
  1) The stock is comfortably above the 250 EMA and 206 EMA.
  2) The script is in an uptrend
  3) The 3 Day , 37 Day and 48 day EMAs are converging and price is about to move above the point of convergence of these 3 indicators.


Stop loss :  A little below the 250 day EMA @ 132



Disclosure : I have invested in Sadbhav Engg on 20.Jul.2012  @ INR 140.8





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..
..
They are so tasty...

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