tanrakesh

IMPAL--BUY LONGS

Long
NSE:IMPAL   INDIA MOTOR PARTS
indian motor parts ltd having a book value of more then 900 and TTEPS of 73.78 gave good result inspite of high raw material cost. Dividend yield 1.73 . EMA 10 is 750, EMA 20 is 747 , EMA 200 is 756 .EMA 50 is 747. soon to breakout of contracting triangle today volume rising, accumulating since last one year and TODAY TRADING ABOVE ALL MOVING AVERAGE buy for a target of 940 in short term and long term target of 1300+.

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