Stock Pick: Short-Term

Zicom Electronics @ 73
Industry: Security Systems.

The steady increase in the volume and price for the last two trading session gives a positive outlook for the stock.
Technically the stock look good from short-term viewpoint with a target price of 91 (200 day DMA), One can hold this stock with a stop loss of 68. It touched a high of 265 during the boom time and the recent low is 40.
Fundamentally the company is performing well; with steady growth in the Top line and bottom line. This stock was in lime light during the Mumbai terror attack.