Thursday, August 2, 2012

Ranbaxy : A Good Bet for a month

Ranbaxy : A Good Bet for a month

Monthly Value Areas : VAH - 501.15, POC - 492.15, VAL - 483.15

Looking at the profile chart posted below, Ranbaxy seems to have broken out of the 3 month consolidation range and is above all monthly values which itself is Bullish.

Investors can buy the stock at CMP above 501.50 for Target of 520, and 540, with SL just below 492 (Hourly Closing Basis)


4 comments:

  1. Ranbaxy makes a high of 509 on a 1% down market...

    ReplyDelete
  2. Ranbaxy makes high of 513 in a falling market :) :)

    Part book and hold rest at cost...

    ReplyDelete
  3. Ranbaxy near to my first target of 520, high made 519.20

    ReplyDelete
  4. Ranbaxy first target done at 520, high of 523.50, Book part and Trail SL at 512 on hourly closing basis...

    ReplyDelete