Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in PHILIPCARB.
“PHILIPCARB is looking bullish on Daily Charts & Bullish crossover in MACD and good positive reading at CCI shows strong trend in upside, therefore I recommend traders to go long around 1016 with a price target of around 1066 & Stop loss should be placed below 936”
Stock has been gaining for the last 2 days and has risen 10.91% in the period & Outperformed Sector by 3.58%
Price has risen by 10.85% and Vol has risen by 628.71% (Vol compared with 5 day avg vol till 03:45 PM)
PHILIPCARB was closed 10 per cent up today at Rs 1005 at NSE.