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Wednesday, December 4, 2013

Our Target achieved in Unichem Laboratories, achieved more than the target price

We had recommended a buy call on Unichem Laboratories in our post on 5th July, 2013 click here. The stock touched a high of Rs.221.70 in today's trading session on BSE thus achieving our said target of Rs. 215. Also the stock has achieved its new 52 week high price.

The stock was seen under selling pressure which led it to close at Rs. 205.15 at the end of the day. Hope you have booked your handsome profits though I didn't do it ;)

Enjoy trading with us and keep in touch. Always remember investing for long term will always give you positive returns. So be invested for long term and be PATIENT.

Note : Unichem Laboratories is a Shariah Compliant stock and hence those investors who are following shariah guidelines can invest in this stock. Its Ethical to invest in this particular stock as of today 4th December, 2013. We will update if this stock is removed from the list of Shariah Compliant Companies.