
23rd June 2010, 09:39 AM
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Senior Member
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Join Date: Jan 2008
Posts: 2,028
Rep Power: 38
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Quote:
Originally Posted by ramkasi
Opto touched 239 in early trade after i sold it yesterday.
today i saw some rumours in moneycontrol message board of opto circuits and found that icici target on opto is 270 
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Yesterday's ET had Opto as one of it's top five buys based on technicals provided by Geojit!
Buy
Last Close 232.35
Target 248
Stop loss 221
Quote:
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The stock is trading well above the 50 DSMA of 224 which is bullish and likely to break above 238 and 246 levels. As the Bollinger band suggests, further hassle-free uptrend towards 246. This will offer a potential opportunity to investors in the medium term.
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I sold out of Opto a long time ago at ~160.
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