ENGRO Engro Corporation Analysis 26 March 2013
"ENGRO" Engro Corporation Upside Prevails
Our Preference: Buy Engro as long as 26.91 and 125.74 are sustained as supports with profit target at 137.74
Alternative Scenario: Downward penetration of 125.74 will call for 119.65 and 116.85
NOTE: ENGRO is moving upward after fulfilling its correction and have crossed key resistance at 128.72 now its heading towards 137.74
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John Doe
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