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Sunday, November 30, 2014

30-11-2014 - ZUARIGLOB ( Short to medium term investment )



                ZUARIGLOB ( Short to medium term investment ) has given a close at 110.20. On last Monday, on 24th November, 2014, it has given a beautiful breakout and for the whole week, it was sustaining that breakout. This quarter the company has reported
a good net profit. The promoter holding also maintained at 65 % almost, since last three quarters. After seeing these very basic 2 / 3 fundamental things, the technical patterns and graphs suggests us to invest in this company for short to medium term for a better and handsome profit. One may initiate a buy and hold it for the reward of 15 % to 25 % and more. A good level of 138 is expected in short to medium term and once closes sustainably above 138, 154 and 168 kind of levels are expected. A very strict and closing basis Stop Loss must be maintained at 100



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