AS NIFTY AND BANKNIFTY FORMED BEARISH CANDLE AND THE STOCK HAS BEEN TAKEN SUPPORT @ 196 AND THE PRICE HAS BEEN RETRACE, FOR TOMORROW AS IT TRADE BELOW 190 GO FOR SHORT WITH THE TARGET 187,184 ......
A GOOD COMPANY TO HOLD FOR LONG,AS THE COMPANY IS IN THE SECOND PLACE IN THE NET SALE OF RS 16,562.36 CR AND IT HAS ISSUEDD RIGHTS ISSUE ON @RS 570/- PER SHARE AS IT IS IN DISCOUNT PRICE,IT CAN CLIMB UPTO 4% A GOOD SHARE TO BUY ON DIPS.AND BE CAUTIOUS WHEN IT REACHES 800 AND 822 AS THEY MAY BE ACT AS RESISTANCE LEVELS.