Stock pick for the week 12/02/2017

Stock recommendation: RKFORGE

RKFORGE had a bigger uptrend during 2013-2015 in which stock had moved from 80 to 800 rupees

The stock after correcting to 400 levels in the last year, it has formed double bottom during 04-03-2016 to 06/01/2017 period

As per chart analysis the stock is resuming its uptrend again, one can buy the stock 430 with SL 380 The target you can trail as stock moves upwards

Please consult with your financial adviser before taking the decision

 

rk-forge

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