Stock Pick for week 05/02/2016

Hi All,

Happy to share another investment pick in this week

Budget is pro housing in its own terms and market is already started to reflecting it

We would recommend ASHIANA Housing based on technical analysis

After a huge rally from  40-327 between 2013-2015 ASHIANA housing moved into consolidation state after a consolidation of two years there is a sign of revival in uptrend seen last week

One can buy this stock at current levels of 176 Keeping SL at 140 and for target we need to wait and watch

Chase Trend !!!

Disclaimer:not a sebi certified investment adviser posted for study purposeasiana

 

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