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10 April 2015
CMP :
Action :
Targets :
Stop-loss :
Comment :
128
Buy
145/152
123
Momentum Indicator RSI showing a
positive cross over in daily chart
indicates strength in the stock is
keeping a positive closing above the
6/30-DMA from four trading sessions
Stock is showing strong signs of revival
and is holding firmly above its 20-
average of the Bollinger band daily
chart on closing basis.
Technical Analyst Name
Vikas Salunkhe
Contact:- 022-39268254
Vikas.salunkhe@nirmalbang.com
KESORAMIND DAILY CHART
Duration : 2-3 WEEKS
COMPANY NAME GRAPH NAME
Disclaimer:
Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock Exchange of India
Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with
SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its
relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any
financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered
by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by
Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely
on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks
involved before making any investment decision .
Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD)
B-2, 301/302, Marathon Innova,
opp. Peninsula Corporate Park
Off Ganpatrao Kadam Marg
Lower Parel(W), Mumbai-400013
Board No. : 91 22 3926 8000/8001
Fax. : 022 3926 8010

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Nirmal Bang recommends Kesoram Industries for a price target of RS145/152

  • 1. 10 April 2015 CMP : Action : Targets : Stop-loss : Comment : 128 Buy 145/152 123 Momentum Indicator RSI showing a positive cross over in daily chart indicates strength in the stock is keeping a positive closing above the 6/30-DMA from four trading sessions Stock is showing strong signs of revival and is holding firmly above its 20- average of the Bollinger band daily chart on closing basis. Technical Analyst Name Vikas Salunkhe Contact:- 022-39268254 Vikas.salunkhe@nirmalbang.com KESORAMIND DAILY CHART Duration : 2-3 WEEKS
  • 2. COMPANY NAME GRAPH NAME Disclaimer: Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision . Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD) B-2, 301/302, Marathon Innova, opp. Peninsula Corporate Park Off Ganpatrao Kadam Marg Lower Parel(W), Mumbai-400013 Board No. : 91 22 3926 8000/8001 Fax. : 022 3926 8010