01-01-1970 12:00 AM | Source: LKP Securities Ltd
LKP Spade A Weekly Pick : Buy Aegis Logistics Ltd For Target Rs 268 - LKP Securities
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* The stock had given a breakout from an inverse head and shoulder pattern in the past and post that has seen some consolidation.

 * The stock in today's trading session has given a strong breakout from the consolidation range with strong volumes indicating     continuation of the momentum on the upside.

* The momentum oscillators are in the strong buying zone and the stock today has broken out above its 20DMA as well.

Buy AEGIS LOGISTICS LTD @ Rs. 276-272 Stop Loss Below Rs. 260 CB Target Rs. 286/298  Duration 1 Week

 

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