Tuesday 20 September 2016

MBL Infra Second Target achieved: 20 Sept 2016


Target Achieved - MBL Infra



Our first Target for MBL Infra (CMP - 111.20) dated 10 Sept 2016 for 110---116 achieved on 16 Sept 2016.



% change on our call - 19.89 % (up)
Suggested at 91.75, reached 111.20 today.

Next Target for MBL Infra dated 16 Sept for 122---126, reached today (20 Sept 2016) to 122.55 and started its downward movement.


% change on our call - 10.20 % (up)
Suggested at 111.20, reached 122.55 1today.


Overall change of 30% from 10 Sept to 20 Sept.





Engulfing Bearish

Current Technicals show a downward trend suggesting a fall. Hope profits were booked at Target.


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