SREE RAYALASEEMA HI STRENGTH HYPO LTD good for swing tarde Breakout Trade stop loss=757 buy = 838 1st target =915 2nd trade =985
Since the Anil Ambani has committed to go debt free and some follow up action does boost the confidence of investors recently in all ADR group. I expect this rally to go continue. Now the resistance for this one lies at 3.95/4.75/9.50. Outlook intact for telecom stock, power and infra.
Matrimony is one among the debt free company so can accumulate and go for long term.. it will boom in future too..