Friday, December 11, 2009

INTRA DAY - SELMCL

BUY ABOVE 76.10 STOPLOSS 75.50 TARGET
78.50 ON INTRADAY BASIS ON 11TH DEC..
**
CLOSE ABOVE 76.70 WITH VOLUME
WILL GIVE CLEAR UPTREND FOR DELIVERY.
***
HAPPY DAY TRADING.

Sunday, December 6, 2009

A DELIVERY PICK - SELMCL

SEL MANUFACTURING LTD:
A textile sector co. .
=======================
Just see the profit ratio to market capitalisaton : 29.93%.
which is very excellent in all respect in a such
overpriced market. This ratio is very
effective in judging valuation of stock.
**This ratio is just for last six months.**
-PROJECTED SALES FOR THE FULL YEAR
IS 1100 Crs and at 9.2% NPM will give big boost
to the above ratio.
- SO BUY FOR LONG TERM for delivery pick.
Nothing to loose at this counter.
***
Technically it is holding above above 200DMA
which is in rising pattern.
**
HAPPY TRADING.

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