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Indrapratha Medical Corporation - watchout!

I have earlier written about Indraprastha Medical Corporation (BSE 532150) here.

Today Indraprastha Medical Corporation has made a big jump of around 9% with high volumes. This is an interesting development "technically" as it has broken out of consolidation zone. There may be fundamental reasons behind this which would unfold in the coming days. I am not saying I know of some thing which brewing in this company!! I am investor with no insider knowledge.

Keep a close watch on this stock and any close above Rs50 would take the stock to a higher level.

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