BUY HDIL @ CMP- 685 TGT OF 800 & 850

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naresh0...@yahoo.co.in

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Mar 11, 2008, 2:58:44 AM3/11/08
to Kences1
The stock has fallen in to the over sold position and it is
already recovered from the lower level and it is likely to continue
its momentum. The RSI , MACD and other oscillators are shows
positive .The increased volume also confim its positive trend in this
stock. Hdil having strong support @ 620 & 550 levels and having
strong resistance around 880 & 850 levels .So the investors are
suggested to Buy this stock around(680- 687 ) for a short term target
of 740 & 750 and a medium term target of 800 & 850 .All long positions
should be protected with the stop loss below 550 levels.
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