The Third Eye : Moser Baer

Moser Baer: CMP Rs. 211
This stock is a darling of the Swing Traders and why not, the bandwidth that this stock provides speaks for itself.
The stock has an intact swing between the range of Rs.205 - Rs. 240. These are the two strong pillars between which the stock price swings quite frequently. The stock is not able to break any of this range.
Good stock for day traders. The third eye recommends keeping an eye on the counter as the stock moves in this range and tries to break it out. Safe to enter between Rs.205-210 range and exit between Rs.230-240 range for swing trading.

Happy Investing!!

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