Amco India: (29.40) -Dbhat-12jul2k5

Amco India: (29.40) This plastic sector stock on charts has come out with as huge bullish break out after heavy accumulation between 25 & 10 occurred in a continuous higher top higher bottom formation over the past 5 months on 200dma indicates non-stop rally on the card.

* Total Equity: Rs 4.11 Cr.
* Promoters holding: 62.48%.
*MFs, Uti & Banks holds: 4.71%.
*Fiis & Pvt Corp. bodies holds: 7.72%
*Common public holds: 24.70%.


Just grab considering 27 a solid support keeping stop loss of 25.

All set for a non-stop rally up to 51 & medium term target is 68.

Stock traded at BSE only: 530133.