"PKGP" Pakeging Power Limited Mid Term Analysis 20 Feb 2013

PKGP

"PKGP" Pakeging Power Limidet Further Advance Our Prefrence:  Buy above 21.30 with target at 22.98 or 24.43 and 25.78 Alternative Scenario: Downside breakage of 21.30 will call for 20.66 and 19.65 NOTE: PKGP is bullish above 21.30 as it have completed its 61% Correction and now is moving back to expand it. now its targeting towards 22.98 and then to expenation of 61% at 25.78. Its all indicators are strongly bullish as it have once again came back in its weekly upward channel. Monthly closing of this month above 21.34 will create a bullish englufing pattern which also will help its strong bullish trend. As on monthly basis its coming back from its strong support since June 2012. Traders in this share are playing in pure technical way which shows that big bulls are involved in this scrip and have decided some good decission for this scrip.

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John Doe

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Diana Doe

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Melissa Doe

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Peter Doe

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