Investment Idea:


Greenply Industries BSE: 526797 | NSE: GREENPLY


BUY Greenply with an inital target of 875/880..Maintain stoploss at 820/825. (for shorter time frame).

For medium term the target is 945/950.The stock has mild resistance at the levels of 915/920.Partial profits can be booked at these levels.

Further uptrend may take it to the levels of 980/990.


Support levels for the stock are 834 and 780.

For fundamentals information about the company go to the following link.

http://www.thehindubusinessline.com/todays-paper/greenply-ind-cashing-in-on-real-estate-revival/article6278334.ece