Monday, September 6, 2010

Ruchi Soya

Had mentioned on 19th August , that Ruchi Soya has given a breakout and has good support at 105 with a target of 129 and above. The stock has touched 141 in the past week and now is in a consolidation mode, traders can book half profits at this stage. The stock from here on can enter a consolidation phase and may even correct a little to support levels of 130.

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