U Finally at the Right Place

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Disclaimer: This Blog, its owner, creator & contributor is not a research analyst and expressing opinion only as an Investor in Indian equities .He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog.Information or stock recommendations contained in this blog are for educational purposes only. Investors are advised to consult financial consultant before acting on any such information. Before acting on any old recommendations, please ensure its relevance in current circumstances.

Tuesday, October 30, 2012

UB Holding

Well today we recommended buy in UB Holding to the tune of 25% of the desired quantity in the region of 118 n below. Will recommend to add further more around 103/101.

I strongly believe that in the near term UB Holding is unlikely to go much below 100/99 and am expecting a good bounce somewhere from the region of 103/101 and its a buy from my side around the mentioned level. Right now 200 EMA stands around 99. Weak only below 99 as of now.

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