Saturday, January 12, 2013

Positional recommendation - Pantaloon Retail

The next chart that looks very impressive both on weekly and daily basis is Pantaloon Retail. The stock has reversed its downtrend  by making a significant base and crossing a huge supply line with heavy volumes. On daily charts it has formed a flag pattern. CMP - 254. Buy in staggered manner upto 240. Stoploss - 225. Target -300/325.


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