Whenever I check for investment stocks, most of the time I find rounding bottom or cup and handle pattern. Here comes another rounding bottom formation in Electrosteel steel ltd. Rounding bottom will get completed around the level 12 - 13. Break out after that will give gain of another 5 to 8 points. But this investment will take more than 2 years of time. A very long term investment. Always consult your financial manager before investing.
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