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Wednesday, September 10, 2008
Anand Rathi puts 'buy' on Bharat Electronics
8 Sep, 2008,
Anand Rathi Securities has a 'buy' call on Bharat Electronics around the current price of Rs 974 for target Rs 1,140 and stop loss of Rs 900.
Based on the chart pattern to date, the stock is likely to get support around Rs 930.
Bharat Electronics, after a descent consolidation, exhibits a trend reversal; rise in RSI from over sold zone indicates a medium term buy.
Labels: Bharat Electronics
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