Friday, September 4, 2009

Technical call in KALINDEE RAIL


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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All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.