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Highly Bullish On Strides Arcolab - Buy With Price Target 625-650

Posted by Stock Market Trading Tips On 2/02/2012 05:45:00 PM No comments

On the chart, Strides Arcolab Ltd. is looking very exciting. We post our view bullish on the stock. Strides has gone into all time highs and from the 1st of January the stock has already gone up by about 35%-40% but my sense is that there are still good amount of trading upside left. You might get a pullback on a correction, a 10% drop can happen after 35% rise but overall this is a stock which on the charts suggest me a price target of about Rs 625 to Rs 650. There is good amount of upside left, if somebody is holding as investor over here can keep holding on.

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