Bombay Burmah –Investment pick on verge of Breakout.

by Nooresh on February 21, 2012 3:07 pm


bombayburmah thumb Bombay Burmah –Investment pick on verge of Breakout.

 

 

Bombay Burmah Trading Corporation — On verge of a huge breakout… Good Volumes seen over the last few days.

 

Expect a move to 500-550 in short term.

 

Disclosure: Advised to clients


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{ 6 comments… read them below or add one }

Sachin Gupta February 24, 2012 at 17:29

Dear Nooresh,

Can u let me know whether Bombay Burmah is holding stake in GO Air. And if yes then thru which company.

Thanks in Advance,

Regards,

Sachin

Reply

nooresh February 27, 2012 at 08:59

Hi Sachin,

THats what even i am trying to find out.

Reply

Gulshan February 28, 2012 at 15:24

Is this a faaling wedge breakout. If yes , how have u arrived at the target price?

Reply

nooresh February 28, 2012 at 15:39

Its a technical + fundamental pick. Expecting it to re-test highs.

Reply

SHEKHAR SHEVDE March 2, 2012 at 23:33

pl let me know the target for bbtc

Reply

nooresh March 4, 2012 at 15:40

Hi Shekhar,

Its an investment call but booking partial profits at 550-600 is advised.

Reply

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