KALINDEE RAIL

Many recent picks such as target reached SUNTV, GLOBUS SPIRITS, BOMDYEING, HDIL which were recommended on this site before so take regular profit trade with strict stop loss and CAUTION, please avoid any leveraged position. MRPL, IDBI are pending and soon can perform while NHPC is our long-term bet. This post talks about KALINDEE RAIL where L&T holds nearly 15% stake and the stock is looking very good for short-term. http://twitter.com/AKprabhakar follow for view
KALINDEE is forming a saucer pattern which normally gives way to very good upside moves. Stock gapped up after decent results yesterday, Net Profits soared 83% while Sales grew 43%. This stock has outperformed the market over the past one month till 5 August 2010, rising 6.82% as compared to the Sensex's return of 4.33%. It has also outperformed the market in the past one quarter, gaining 10.43% as compared to the Sensex's 6.30% rise.
KALINDEE Rs. 148 Target can be Rs 161 and above very soon. Investors can accumulate for handsome gains.