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
Bombay Burmah –Investment pick on verge of Breakout.
{ 6 comments… add one }
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February 24, 2012, 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
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February 27, 2012, 08:59
Hi Sachin,
THats what even i am trying to find out.
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February 28, 2012, 15:24
Is this a faaling wedge breakout. If yes , how have u arrived at the target price?
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Its a technical + fundamental pick. Expecting it to re-test highs.
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March 2, 2012, 23:33
pl let me know the target for bbtc
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Hi Shekhar,
Its an investment call but booking partial profits at 550-600 is advised.
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About NooreshTech
Nooresh Merani - An IT engineer by qualification and Advisor/Trainer by profession.
Founder - Analyse India.
Also consults for an institutional broking firm.
I have been blogging for the last 8-10 years with detailed, crisp and accurate views on Indian Stock Markets as well as global indices and commodities.
IT Engineer by qualification
Blogger/Educator/SEBI Registered Investmnent Adviser.
Writing actively on this blog for 8-10 years now
Guest Analyst - CNBC, ET Now, Bloomberg etc.
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