Monday, April 21, 2014

******************United Engineers: Further breakout from previous buy call........... Still strong !! (Follow UP from Previous call)

United Engineer has indeed traded higher and touched target at 2.30… today we have seen it break the 2.30 further, likely to head to 2.50 in the near term. Can try to accumulate on dips from 2.32 to 2.35 with a temp resistance at 2.40 first.
Stop loss at 2.27.
 

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