Wednesday, June 23, 2010

MRPL


MRPL (70.90)

http://www.mrpl.co.in/

The stock has given a fresh break out with volumes.In the F&O segment the stock has been seeing short covering since the last 2 days.

The stock has given a buy signal for a  target 77 in the short term with a stop loss of 67.

With the Govt planning to go ahead with decontrol of fuel prices the stock is also a very good fundamental investment and can target 110 in the medium to long term.

Regards

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