Stocks
TUESDAY, FEBRUARY 28, 2017
VALUE WAVE INVESMENT STOCK IDEAS:
TECHNO-FUNDA MEDIUM TO LONG TERM INVESTMENT IDEAS:
MONSANTO INDIA
CMP-2465
MONSANTO INDIA has completed wave-IV correction of larger degree as per quarterly chart attached. It has also completed wave-I of (V) up of larger degree as per quarterly chart attached. It looks like beginning of wave-III of (V) as per chart attached. One can expect equality higher levels targets as per chart attached in medium term.
It’s short to medium term momentum indicators are also in BUY. Risk rewards are favourable to BUY for value wave investor for medium to long term investment perspectives at current levels from both fundamental & technical perspectives.
One should buy at current market price or any kind of decline or consolidation with SL-1750 for such positional targets1-3400 & taregts2-4000 levels in medium to long term. One should keep time horizon for around 1-2 years for such targets.
Short term investor can also BUY for trading perspectives with SL-2345 for the targets of 2750 levels in short term.


