after a long consolidation this scrip has just started to move up. I want meebers opinion whether it is going to touch previous high of 3200
PE ratio 36.60 02/12/11 EPS (Rs) 73.98 Mar, 11 Sales (Rs crore) 303.48 Sep, 11 Face Value (Rs) 10 Net profit margin (%) 10.92 Mar, 11 Last dividend (%) 125 04/05/11 Return on average equity 44.23 Mar, 11
Stock seems good has strong support at 2524 for caution
stock have strong resistance at 2994 on breaching this we may have high rise.
It is hopeful to reach 3400+ soon.
This is all Technical basis information, your own judgement is very essential.
Regards
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