Rallis India: Recommended @Rs. 320/- on 19.3.08. Price as on 08.08.2008 is Rs. 520/-, i.e., a gain of 62.5% in 5 months. One may book partial profit at this price and enter again if the price falls.
Godawari Power and ispat Ltd: Recommended @ 161/- on 19.3.08. Price as on 08.08.2008 is Rs.217/- i.e., a gain of 35% in 5 months. Accumulate more at around 200-220/-.
Tata Metalik: Recommended price Rs. 155/- as on 25.4.08. Buy more at around current price of Rs. 135/- ( as on 8.8.08). The stock is consolidating at around this price and is not going below this level. Once the accumulation phase is over it is likely to stablise at around Rs. 155/- to 175/- zone.
India Glycols: Recommended at around Rs. 237/- as on 19.3.08. The stock subsequently went up to Rs. 388/- in May'08 i.e., a price appreciation of over 64 %. Currently moving in the Rs. 215- 230/- range. Likely to move up in the range of Rs. 250/- to 350/- price range in the near term. Long term price target of Rs. 500/- and then Rs. 800/- in tact over a period of next one and a half to two years.
---------------------------------------------------------------------------
No comments:
Post a Comment