Tuesday, April 8, 2014

ABG Shipyard (ABGSHIP )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

ABGSHIP Closes  at  `256.45 with a Fall  of -0.40% on 07 April 2014 with formation of  a  Small Red  Candle on Daily  Price Chart with Huge Delivery Volume of 69.08% .Technically ABGSHIP  is Looking Week on Daily Charts & It is entering into a Bearish Trend. Major Momentum Indicators are   Showing Weekness on Daily Price Chart.
We Recommend to  SELL : ABGSHIP  at CMP                   
Target : `250.46/223
Stop: Loss :`257.70
Time Frame: 5-25 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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs & Indian Economy. We use   Ami Broker   Charting Software (V-5.63),     Pattern Explorer (V-5.65)&   AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS:  +91 880 2230 836.

1 comment:

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