Wednesday, 2 September 2009

Buy ICSA for short term target of Rs 225-250: Nirmal Bang

Nirmal Bang has advised traders to buy ICSA for short term target of Rs 225-250.

“Buy ICSA with an investment view. Strong support for the stock is seen at Rs 185-170 region. The counter is trading above its Bollinger band of Rs 199 and short term target looks Rs 225-250,” the recommendation said.

Source: EconomicTimes

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.