Wockhardt shares slump over 14 per cent as Ankleshwar unit gets USFDA import alert
CLSA has a sell call on Bharat ForgeBSE -2.42 % Ltd. with a target price of Rs 655. The current market price of Bharat Forge Ltd. is Rs 723.15. Time period given by analyst is year, when Bharat Forge Ltd. price can reach defined target. The global brokerage firm slashed its 17-18 earnings per share (EPS) estimates ...
It is believed that struggling Chinese economy is the reason for the bear market in copper prices. To be noted China is the largest copper consumer (roughly 40 per cent of global copper consumption). Now the chinese economic situation is far from worse! Time to think longs in copper?
The outlook is based on the Laguerre PPO Percentile Rank and the COT report data which indicates a possible short covering by the Money Managers as explained here