Sunday, May 1, 2011

Mandhana Industries(MANDHANA):-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


MANDHANA closes  at 242 with a fall  of -2.% on 29 April 2011 with formation of Bearish Long Black Candle on Daily  Price Chart. Technically, MANDHANA  is in Bearish  zone. Momentum Index Spearman &  FVE are in bearish mood. PIR Daily is below its Weekly Value. Swing 350 is also looking weak in daily price charts
We Recommend to Sell –MANDHANA  at CMP
Target- 211
Time Frame- 20 Trading Days
Stop-Loss -250
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