Indian Hume Pipe: Will there be a channel breakout?
IndianHume
This pipe company has been in a perfect trending channel. Having shown some real strength over the past few days, we believe it could breakout of the channel on the upside. Let's watch what's in store for this company? Buy for a target of 400 - 430.
19/07/2016: CMP 390. Exit completely, on grounds of very low volumes. Will try to stay away from such very low volume counters...
This pipe company has been in a perfect trending channel. Having shown some real strength over the past few days, we believe it could breakout of the channel on the upside. Let's watch what's in store for this company? Buy for a target of 400 - 430.
19/07/2016: CMP 390. Exit completely, on grounds of very low volumes. Will try to stay away from such very low volume counters...
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