3rd wave target of 199-200 and channel resistance is near. Though their is rumor of bonus in market as company is doing superb and bumper profit expected in 4th quater result. Since last bonus was about 14 years ,presently company has a book value of 140 rs which makes it ripe for a bonus
Komen:
USE SUPERTREND 10.2 to ride the trend as we can head higher to 315 also (cum bonus in 2008 its previous top ) and its public shareholding is very low