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Buy AIA Engg; target of Rs 427: India Infoline
India Infoline is bullish on AIA Engineering and has recommended buy rating on the stock with a target of Rs 427, in its April 1, 2010 research report.
India Infoline is bullish on AIA Engineering and has recommended buy rating on the stock with a target of Rs 427, in its April 1, 2010 research report.
"The short-term ascending trendline yet again provided strong support to AIA Engineering on Wednesday. It pulled back smartly from day's low to close at days high with impressive volumes. The stock is sitting on an important trendline support just above Rs 390. Recent developments are building up the case that the uptrend from March low of Rs 358 is likely to continue. Daily oscillators continue to remain in a positive set-up. Traders are advised to buy the stock in the range between Rs 397-405 with stop loss of Rs 389 for target of Rs 427," says India Infoline research report.
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