SAIL, lost the steam may touch 112-114 in short term, if the stock fails to trade above 134-135 range, it could even touch 106. Now it is forming south ward journey. But on the long term bets it could easily cross 250 as its strengths are increasing day by day.
Buy IDFC for long term at 91-93 with a stop loss at 85. It could touch 145-150 range as it will out perform the market in future. The broking houses valuations are high, it’s “Share khan” is no less than the peers.
Monday, April 30, 2007
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