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Monday, August 14, 2006

 

Prism Cement can test Rs 38-40

Gaba told CNBC-TV18, "Prism Cement had given a beautiful breakout at Rs 30-31 levels. It had a target of Rs 35 and that is where it is today. We might see some kind of profit booking here. But I must say that the trend is still intact. It is in an upmode and as long as it stays above Rs 33 levels the next target would be around Rs 38-40 in time to come. The structure is positive, it is in an upmode. I must disclose that I have the stock in my portfolio."










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