Friday, March 12, 2010

Buy BALRAMCHIN @ CMP … ie. 93

Balramchin should have completed its correction cycle today and can give a good return in couple of months. 

Buy @ current price of 93 and look for 125+ levels.. may be 132 in next 2-4 months..

No stop loss given as it’s a good stock and should outperform in coming months… hold it with a horizon of 6 months.

 

Reason behind the cover short/go long in BALRAMCHIN

 

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