Ion Exchange – Follow up on Small Cap Coverage

The stock ION EXCHANGE was last covered in April 2010 at 140 levels. We continue to maintain that it is a potential multi-bagger in the long run and can give superlative returns.

Recently added the view also – http://www.nooreshtech.co.in/2010/07/small-cap-coverage-excellent-performance-for-patient-investors.html 

For the previous post read – http://www.nooreshtech.co.in/2010/04/small-cap-coverage-ion-exchange-water-story.html 

The stock is about to give a strong breakout on weekly charts. Sustained closing above 180 should propel the stock to 230-310 in the medium to long term.

Disclosure: Fresh recommendation sent to clients at 165-169 and half booked at 185 levels. Will re-enter sold qty on any dips.

All these stocks with long term potential are covered under our DELIVERY GAINS SCHEME. ( An ideal scheme for investors with medium term outlook and looking for steady portfolio growth)

Check the performance report here on the same – http://www.nooreshtech.co.in/2010/06/delivery-gains-performance-update-2.html 

Regards,

Nooresh

Related posts:

1. Small Cap Coverage – ION EXCHANGE —- Water story
2. Small Cap Coverage – Update- Excellent Returns for Investors
3. Small Cap Coverage- Excellent Performance for patient Investors.
4. Small Cap Coverage Update – Bombay Burmah Trading Corporation Limited
5. Small Cap Coverage – Lokesh Machines

Tagged as: Ion Exchange, Small Cap Coverage