Apr 16, 2010

Shalibhadra Finance Ltd.-This counter could double from current 25 levels

Remember in gokul refoils i was barking to buy from 61 levels and my target  was 72/74 what happen you knows now just to day forget everything and spend 5 minutes to read the story i expect stock will double from current levels.






Shalibhadra Finance Ltd.
BSE code -511754


Change in Shareholding pattern
September 2009
December 2009
Amidhara agencies
4.98%
Amidhara agencies
4.98%
Amrut credit
2.04%
Amrut credit
2.04%
Minal agencies
3.11%
Minal agencies
3.11%


New Shareholders


Choudhry global
3.97


                         Upsurge ind
1.91


                              Reeta
1.64


                      Thacker jawahar
1.10



Just see the difference. The persons who  were shareholders in september 2009 were also  in December 2009 but 4 new shareholders also bought hefty 8.62% in company. Why?


My chart indicates 100% something big news will come out either bonus or take over news.


From current levels of 25 i expect stock will double and will hit 50/55 levels.
Just check the chart below:
The stock has formed double top and now correction will create handle and will complete cup and handle formation -don't buy if you don't have patience.
                        

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