Wednesday, November 10, 2010

FSP SERIES 7: ORIENTAL TRIMAX LTD @13.50

1. Orient trimax ltd is a Construction Materials company with 10 rupee face value.
2. Book value of orient trimax ltd is 40.28 so in this price of 13.50 I think it is a value buy.
3. technically 200 DMA of orient trimax is 13.26 and share cross this 200 DMA at 10.11.10 ( this is a new concept for our blog generally we not to consider technical’s for value buying but if any share trade above his 200 DMA then technically this share enter in bullish phase).
4. Year high for orient trimax ltd is 22.70 and year low 10.50
5. Promoter holding in orient trimax is 45.28 % and DII holding 2.16 %
6. orient trimax ltd is not in my personal holdings.

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