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Tuesday 9 August 2016

Adani Port Q1 nos today:

Best buy for August series

denofwealth est PAT @ 780cr vs Bloomberg est 640cr, up 22%

Up 26%YoY vs 619cr

Beats all estimates by big margin.

denofwealth TP 265 August series

TECHNICALS from 2 analysts:

1. Breakout above 240. Support @ 233.50. Next target  248-256-262 this series

2. Has bottomed out. Short to medium term outlook is good. Stock has resistance @ 250. If goes past 250, it can test 300

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