Friday 01 April Buy Punj Lloyd

PunjLloyd seems to be at the end of its downtrend. In the recent past the stock have made a low of 58.30. In start of 2009 also, the stock have bounced back from almost these levels and made a high almost 300. The stock have bounced back from its over sold zone. RSI is trending upwards. One can buy with a strict SL of 62. Buy when it closes above 67. Irrespective of company’s performance, the stock is doing good on the brousers. Short term Tgt 70 -72 -77.