Friday, September 4, 2009

Technical call in KALINDEE RAIL


KALINDEE RAIL (146.40)

Accumulate upto 135 for a target of 185 with a stop loss of 124.

Time Tenor: 2 Months.

The stock is a VALUE BUY at these levels for long term investors.

Kalindee Rail Nirman (Engineers) Limited engages in engineering construction works in India. It undertakes various infrastructure facilities and construction projects, principally railway works.
Larsen and Toubro’s investment arm L&T Capital had a 13.93% stake in the Delhi-based railway signalling and telecommunications company at the end of December quarter, according to Bombay Stock Exchange data. The share holding pattern as of march 2009

Happy Trading

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