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#1
24th May 2005, 12:45 PM
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PRISM CEMENT - Low Price Stock Pick
PRISM CEMENT - Low Price Stock Pick
Anybody tracking Prism Cement? Well, this stock looks to begin a new uptrend and test its previous top of 28.00 Look to Buy now with a stoploss at 19.00! Would appreciate if members would contribute their fundamental or technical view on this stock! 
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#2
24th May 2005, 06:46 PM
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Re: PRISM CEMENT - Low Price Stock Pick
I am traking Prism Cement for last 5 months. It has come down heavily from 28 to 19.
Now its downtrend looks near completion. It has very godd support at 19. First resistance would be Rs.22.
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#6
25th May 2005, 09:36 PM
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Re: PRISM CEMENT - Low Price Stock Pick
all cement companies are to do well . Lot of infrastructure works are in progress and new ones are coming up. Cement should remain in demand. Prism was at 29; at that time i have bought 500 and now it is trading 18 - 19. But I hope it should pick up.
subhadin
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#7
25th May 2005, 10:10 PM
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Re: PRISM CEMENT - Low Price Stock Pick
It’s a good stock and I have traded it a couple of times, I think one can go long on short-term delivery basis keeping the final stop loss slightly below 18.5, entry can be made near 19.5 – 20. The script faces an immediate resistance near 23 and by closing above it in high volumes the stock can spurt up to 27 in short term.
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#8
26th May 2005, 10:57 PM
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Re: PRISM CEMENT - Low Price Stock Pick
Traderji,
Is Prism Cement still a "HOLD" after the last 2-3 days of decline ? Should one be Buying more or exiting the stock ?? Regards
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#10
30th May 2005, 08:00 PM
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Re: PRISM CEMENT - Low Price Stock Pick
Prism cement failed to cross 21 mark recently. It is now trading at Rs. 19.50. U might get it around 19 tomorrow. I have kept target of 18.50 for buying.
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Re: PRISM CEMENT - Low Price Stock Pick
Re: PRISM CEMENT - Low Price Stock Pick
