Hi,
Another stock to watch is SMS Pharmaceuticals Limited
Looking at the price and volume pattern it looks like many have got attracted to this stock. It seems to be fresh in terms on volume play.
People who missed out will try to enter.
The stock has touched a high of 91.50 yesterday
Quick intraday strategy trade would be :
Buy above 91.55 for target of Rs. 5/- 10/- from the days low or VWAP.
expect the stock to reach 99 if it breaks above 91.50
For short term bet the best buy is around 76-81 for target of 99-119.
Stop loss would be at 70
Warm Regards,
Lawrence Sequeira
Lawrence Sequeira
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