Hanung Toys,the largest manufacturer of soft toys in India- has been trading around 216 and now it is moving up with more volumes and has crossed it's 30 day moving average and it's 60 day moving average is 225.50.so once it is also broken you can expect some more up move.
Fundamentally the stock is good.Margins have been increased.especially the prospects of toy business is good . One can hold with a target of 265/- within 3 months.
Happy Investing guys !
Think twice before you invest your hard earned money in stock market.understand the risks involved and take your decision!
1 comment:
As expected the stock is moving up even in a choppy market like today. the stock today reached 236 so far. You can enjoy the ride !
Happy investing guys!
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