Allied Digital Services Ltd: Cloud Computing to Boost Financials
From the charts it is seen that: A white candle has been formed at the end of a downtrend, suggesting strong bullish signal---buyers being unable to bring the close price above the open price suggest additional bullish strength. Moreover, the EMAs, also point towards a BULLISH formation on the Charts.
Meanwhile, Allied Digital Services Ltd today informed the BSE that Buy Back of equity shares, which has been opened on April 25, 2011 in terms of SEBI Buy Back Regulations 1998 and amendments thereof is closed as per scheduled date on February 17, 2012.
Meanwhile, Allied Digital Services Ltd today informed the BSE that Buy Back of equity shares, which has been opened on April 25, 2011 in terms of SEBI Buy Back Regulations 1998 and amendments thereof is closed as per scheduled date on February 17, 2012.
The closing date February 17, 2012 is (i.e. 12 months period from the date of the resolution passed by the Board at its meeting held on February 18, 2011). Probably we are just sitting on the Volcano of a Bull Run, by the scrip of Alllied Digital Services Ltd. The first target seems to be Rs.52 followed by Rs.63-77-84-96-100-147.
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