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Monday 30 January 2012

Buy Sintex Industries - Looks Very Positive On Charts

Sintex industries Ltd. looks very positive and I have been managing long on Sintex for sometime now, as it is giving a massive pullback. As long as the stock manages to hold above about 75-74 I would be very comfortable. 87-88 is the first price target, possibility of 95 still exists on the charts.

I would be pretty okay, today's candle is negative but this can be overcome, we have had two-three days of good rally over here so one day's bad candle can be overcome if the short term supports hold out over here.

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