Thursday 14 July 2016

Carborundum Universal: Closing at a high, more steam left

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CARBORUNIV

This one is from our research head: Prasanna Bidkar. 
This chart has given a breakout with heavy volumes signalling more steam left on the short term. This price/volume breakout could take this scrip towards 265 - 280 levels very soon.

25/07/2016: CMP: 258.65, Book Profits. Call Closed...

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