Sunday, February 12, 2012

Prime Focus

                                                       daily chart (click to zoom)

 On friday 10th feb 12 Prime focus has given breakout from wedge pattern with much higher volume than average daily volume. Stock is also trading above its key daily moving average, this breakout on daily chart should take this stock to 70 in short term from its current CMP of 61.75.
Stop loss shoulde be kept at 58