Thursday, June 8, 2017

Prakash Industries Ltd ( PRAKASH )-A Multi Bagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks, Financial Analysis & Valuations


PRAKASH closes at 92.05   with  a  Gain      of   + 3.90  %   on    07 June 2017   with formation of  a  Long Green  Candle     on Daily  Price Chart.  Technically ,   PRAKASH has entering into a Long Term Bullish Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI index has also turned Positive.
We Recommend  to  BUY /    Accumulate     PRAKASH at   CMP
Target: ₹  113/135/175
Stop Loss  : ₹  85
Time Frame  :  6-15 Months
Financials: https://docs.google.com/spreadsheets/d/1hZni0Po5KlVyIe_HE2300jea6D4YWbmaLPpzddYvrgI/edit?usp=sharing
Disclaimer : We are having Vested Interest  in it.


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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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