Your Stoploss Rs.178-177

Today ,I want this stock to trade above 184.50 with volumes for 5/10 minutes.It’s a challenge.Whole India will run.Forget world Market.

-In first hr itself or Today Intraday will kiss 190-194 level.

-Minor Hurdle at 188 (No value )

-Pls Don’t ask reasons.Just watch Inverse Head & Shoulder formation on chart.

-Fiery Intraday move on card.Yes u can Buy 10-100-1000 lots.

-Before Feb End will see stock kissing Rs.250+ level.

 No if & But ,Mind blowing chart.

-Expanding Wedge +Inverse Head & Shoulder will favour Bull’s.

Now spare 5 minutes and see my Research work :

Govt. of Singapore increases stake in ICSA (India) to 7%.

The Government of Singapore Investment Corporation Private Limited (GIC) is a
sovereign wealth fund established by the Government of Singapore.

TTM  EPS RS 32  at Rs 183   ICSA trades at    P/E  5.7  only
 
Applying a reasonable P/E discounting of  8, the scrip can appreciate to Rs.250 in the short-to-medium-term

Fii sources > Expected EPS fy 10 =Rs 36

 
SALES =1100CR  MCAP =860CR 

Don’t miss to Read ……..Pls Pls Pls !!

The company has Rs 2,200 crore strong order book to be executed within next two years. Of this, the infrastructure services account for Rs 1,400 crore.

ORDER BOOK more than the Market Cap :THIS HAPPENS ONLY IN INDIA

Increased allocation of Government projects under Rajiv Gandhi Grameen Viduytikaran Yojana (RGGVY) to 7000 crores up by 27% will have see significant
orders coming in for ICSA.

Apart from Chart /Fundamentals :

On street are company to come out with Bonus in ratio of 1:1.I don’t care for Rumours…..Read chart and mint money ..Nothing else.

-But ,chart pattern indicates price of 250…so something is cooking and somebody knows……..let’s see what happens !!

Updated at 9:05/21st Jan/Baroda