Aug 25, 2010, 06.17 PM | Source: Moneycontrol.com
IIFL is bullish on Hanung Toys and has recommended buy rating on the stock with a target of Rs 295, in its August 25, 2010 research report.
, IIFL |
“Hanung Toys on Tuesday, the stock advanced by over 9% suggesting continuation of an intermediate uptrend. Moreover, the swift movement in the stock over the last few trading sessions is backed by high volumes. The stock has broken out from the overall base-like pattern during the past two weeks. In fact, the last couple of trading sessions represents a high level bullish congestion area around its 50-DMA between Rs 252-254. Based on the above mentioned technical evidences, we recommend traders to buy the stock above Rs 279 with stop loss of Rs 273 for target of Rs 295,” says IIFL research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management.Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click here
Hanung Toys & Textiles Ltd has informed BSE that a
Sushil Finance is bullish on Pratibha Industries a
KRChoksey is bullish on Suzlon Energy and has reco
FinQuest Securities is bullish on Wockhardt and ha
Arihant capital markets is bullish on Power Financ
Arihant capital markets is bullish on Adhunik Meta
SPA Research is bullish on Infinite Computer Solut
HeidelbergCement India has reported a sales turnov