Yesterday on 28th November 2013 we had figured out UniTech to be our Buy Call @ 16.20 with Stop Loss of 15.90 and booking profit @ 16.80, because of the following reasons which we identified from the stock chart.
(1) From following figure it clearly shows that it has tested a bottom four times in past two months.
(2) After its four days downtrend now it has a given confirmation and started moving in the upward direction with a decent volume.
Today morning on 29th November 2013 it moved in the upward direction with achieving target figure of 16.80 around 10:15 AM it we exited out of the stock.
(1) From following figure it clearly shows that it has tested a bottom four times in past two months.
(2) After its four days downtrend now it has a given confirmation and started moving in the upward direction with a decent volume.
Today morning on 29th November 2013 it moved in the upward direction with achieving target figure of 16.80 around 10:15 AM it we exited out of the stock.
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