Monday, October 17, 2011

ADANIENT -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


ADANIENT  closes at  $ 470.90  with a gain   of +0.20% on 14 Oct 2011 with formation of   Small Black Candle  on Daily  Price Chart .Technically, ADANIENT is gaining momentum on daily price chart. Ultimate Trend Cycle & RSI is moving Upward marking this Scrip Tradable for Mid-Term.
We Recommend to BUY & HOLD   -   ADANIENT at CMP
Target- $ 570
Stop-Loss – $ 435
Time Frame- 15-30 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .


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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. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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