Target hit in SKF India. Book 50% profits. Add on dips towards 1850.

Target hit in SKF India. Book 50% profits. Add on dips towards 1850.Target 2300. 6 months. SL 1750.

Stock was recommended at 1587. Stock has moved past target of 1850 and has hit fresh highs of 1970. Stock is trading at 1930. Book 50% profits (returns 21%) and add on dips towards 1850. Revised Target 2300. 6 months. SL 1750.

Time frame and target might be changed post next quarterly results.

Reference call:

Decent Numbers: SKF India. BSE: 500472 Price 1587. Target 1850. SL 1450.

source http://gale.in/target-hit-in-skf-india-book-50-profits-add-on-dips-towards-1850/