Jindal Poly Films Ltd.

Sector PACKAGING

Stock Has was in over sold level. However, recent price  moves on 30/11/2012 indicates trend reversal and stock may rise in near future.

Slow stochastic indicator was in over sold level.has moved above 15 days Simple Moving Average after 20 days on 29/11/2012,The Stock Jindal Poly Films Has entered into investors time.One can keep Accumulating this stock for coming 1-3 years for selling at 377 close abv 450 Tgt 700 and above range.The accumulation zone for investors is 140-170 range. I am very much bullish on this stock in long run. However, recent price moves on 27/11/2012 indicates trend reversal and stock may rise in near future.This was done with jump in volume. Which is another indicator supporting the counter trend. This may mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains & Investors get best Risk-Reword.