Friday, May 12, 2017

Magma Fincorp Ltd ( MAGMA )-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


MAGMA closes at ₹ 126.30   with  a  Fall       of   -1.30%   on   11 May  2017   with formation of  a  Red  candle     on Daily  Price Chart.  Technically,   MAGMA 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     MAGMA at   CMP  
Target: ₹  150-175
Stop: Loss  :₹  114
Time Frame :   6  Months
Financials :  https://docs.google.com/spreadsheets/d/17EdRs0Ssqy6H3RLE05z40hOJQ_Hzrk3J_aeCwBjX9P0/edit?usp=sharing
Join Us at   WhatsApp:  https://chat.whatsapp.com/KfzqmHAN9dp0Z8Bl9xtdVh
 You can reach the author at +91 880 2230 836 or e-Mail : 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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