1) Inv H&S formed on Weekly chart.. excellent depth of the head.. long 5 years consolidation.
3) symmetrical Triangle, breakout already done. Retest also done.... and fresh upmove started.
All this on weekly chart -- means target is big, very big.
Fundamental :-
1) excellent dividend payer.
2) Vehicle scrap policy will hit give a booster dose Auto Sector, and this stock be the biggest beneficiary.. .. Commercial vehicle scrappage is what govt is targetting. and commercial vehicle sector will be booom, I am already holding Force Motors -- giving 80% returns...
So just buy and buy and forget !!
Will see you guyz after 1 year @ 3000/- +