Friday, 29 July 2016

{LONGTERMINVESTORS} Celebrity Fashion CMP 14.90


Celebrity Fashion  CMP 14.90

Came out with excellent Q 4 result 

Sales up 40 % NP up 600 times

On 39 Cr equity Q4 profit 30.0 cr

In this month it went up & breached the Feb 16 top of 13.5 with almost 11 times volume that of last month.

Monthly MACD has given buy signal.

But as monthly short & long term EMAs are at 11.5, expect retracement up to that level.

Chance to buy as next resistance are at 21.45, 25.7



running



The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

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