Wednesday, January 24, 2018

Apollo Pipes Ltd ( 531761 )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Apollo Pipes Ltd closes at  ₹ 640.85   with  a  Fall    of   - 2.30%  on    24-Jan-2018   with formation of  a  Red Bearish  Evening Star Candle    on Daily  Price Chart. Technically,  531761  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 may    BUY /    Accumulate  Apollo Pipes Ltd  at  CMP   
Target : ₹ 850-875
Stop: Loss : ₹ 611
Time Frame: 3-6 Months
Financials :   https://www.screener.in/company/531761/consolidated/
Disclaimer : We are / may going to take exposure shortly.
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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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