New Delhi, March 13 -- * Kolte Patil: Buy above Rs.341, stop Rs.332; target Rs.360-366
This real estate counter, after undergoing a lot of volatility, is showing signs of bottoming out. The last few days have been displaying long-body bullish candles in this uncertain market, which has pushed the prices above the bands. A strong breakout beyond the bands have indicated some bullish momentum. After biding some time and absorbing the volatility, we can look at the prices looking to extend. The steady upward bounce has pushed the ADX DMI (average directional movement index) into a buying mode, indicating the trends could push the prices higher.
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