Target Reached - Financial Technologies Group 16 Sept 2016

Short Term Positional Call - Financial Technologies Group

Three Black crows

Our Target for FinanTech (CMP - 82.80) dated 11 Sept 2016 for 82---78 reached today (16 Sept 2016) touched 81.90 and closed at Rs. 82.80.

% change on our call - 5.91 % (down)

Technical Indicators indicate a strong sell position.

With a very low P/E Ratio and high EPS (in comparison with Average of industry) the share is fundamentally strong and can be held for Long Period.

If it falls and sustains its level below 78, it is expected to hit next 70---68 levels.

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