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Igarashi Motors

Igarashi motors has given a weekly reversals with huge volumes 2 days back...any close above 157...should be higher only as today is Friday...can take us all the way to the highs of 240 of 2006...its an accumulate at every levels in panics ....promoters stake is 75 percent and promoters have been increasing stake in last 6 months..

We recommend a buy @ 173 with a target of 240 plus...good risk reward {27.06.2014}

Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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