Equity Technical Pick - Mangalam Cement 12 Sept 2016

Short Term Positional Call - Mangalam Cement Ltd.

Buy Mangalam Cement Ltd. (Cash) CMP - 330.85 at lower levels

Target 388---395

Stop Loss - 311.00

Trend shows that it might fall a little further and then rise to 385+ levels in coming time. Buy at lower levels, might fall tomorrow further to 321---317. Risky below 311.

Has been bullish stock and follows this pattern since last 6 months.

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