Tuesday, September 7, 2010

MOSER BAER - a news item.

MOSER BAER :

Mkt Cap Rs.1144.48 crs
at current price 68/-.

The Co. has just received Rs.1360/-crs.
for minority stake sale in its subsidiary -
POWER PROJECTS CO. to
PE investor -BLACKSTONE.
***
It is a great news to BUY a stock.
=============
TECHNICALLY,
the stock has just crossed
50DMA with larges volumes
and likely to cross 200DMA
too with no time..

--DELIVERY stoploss below 60/-
on closing basis. TARGET 110/-..

***
FOR intraday on 8th Sept.2010
BUY above 67.80
stoploss 67.45
TARGET 69.25 & 70.45 initially.
..
ABOVE 70.45, it may touch
72/- smoothly.
****
HAPPY TRADING.





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