Saturday, September 7, 2013

View - EID Parry

India has the second largest sugar industry globally. Yet the industry suffers from huge amount of bureaucracy and price controls. None of the reforms proposed have materialised. One of the southern based sugar company EID Parry holds a lot of value. In terms of technical charts the stock has all the formations of an ascending triangle which is one of the classical patterns that generally works. Buy with a stop of 109.

  

1 comment:

  1. its trading at 129. whats the target@ reply @ trinath2006@gmail.com .. plz

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