|
Lt investment
Date 09/02/08 time 12.21 am
Hi Yatin,
Lt happens to be a solid stock, but then the top nifty stocks are all companies which ahve proved their metal. It is one thing to be a solid company and another thing alltogather to be a solid investment. The lonterm trend of the stock is down. The level that one should look out for above which it will leave the bear skin behind is a closing of 2752 this month. Now that is way far away. Rs 170 away. The intermiadiate trend is also down with the trigger at 2620, now this is quite close. which means that it can easily touch this level. The intermidiate level will change once the stock manages to close above the 2620 on a weekly closing. I would suggest that u wait till it closes above 2620 to make that decision. For if it were not to close above that level then there is every chance that the stock will slip further from here and u dont want to be holding to a hot potato do u ?.
If u ahve any other doubts pls write in to me at my email address or contact me on yahoo chat.
__________________
sinn fien
Neeraj B
To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts.
To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts.
MY BLOG:
To view links or images in signatures your post count must be 2 or greater. You currently have 0 posts.
|
Linear Mode
