Stock of the Day – CESC

A few days earlier, I wrote about Tata Sponge Iron, a outlier in the Metal sector in terms of recent stock performance. Today’s stock, CESC is another outlier as it is hitting multi year highs (the all time high is pretty far for now) on the same day that NTPC (the leading power producer in India) is hitting multi year lows. Tata Power and Reliance Infra aren’t far behind in the race to the bottom.

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About Prashanth

Have been a full time participant in the stock markets since 1996. Run a Yahoo Group where focus is exclusively on discussions of the Indian Markets using Technical Analysis as the tool (groups.yahoo.com/group/technical-investor)
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