BRFL Buy for ST CMP: 219.80 Tgt: 235.00- Religare.

The daily candlestick chart of BRFL shows a bullish candle on extremely high volumes. It has retraced 61.8% of the rise from Rs.196 to Rs.246. Strong support is
pegged from the trend line in blue at Rs.212. The short term oscillators are turning from the oversold zone. One can buy BRFL in small quantities in declines at Rs.215-217 with strict stop loss below Rs.208 in close for a target of Rs.235 in the next 10-12 trading sessions.