Last week was a joy ride for investors with Nifty and sensex hitting an
lifetime high. A lot of midcap stocks also joined the rally ensuring the
small and medium investors that 2007 will end as a memorable year for them.
Volatility will continue in this week and we may see a fresh signal only
in the new year. There are still some concerns on Nuclear deal with the
Left parties threatening to withdraw support time and again. The results
of Gujarat polls may also have some impact on market in the coming weeks.
We still beleive that investors need not worry about minor hiccups mentioned
above but stick to their stocks as Indian economy is bound to do well in the long run.
Recommendations for the week
Petronet Lng @ 110. Short Term Target 135.
Prakash industries has reached its target in 1 month and investors can
book partial profit in the same.
we recommend in all the other stocks which we had previously recommended.
You can exit once the target price is acheived.
Next week we will be unable to post an article due to X'Mas holidays.
Wish all our readers a happy X'Mas.
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1 comment:
Hello Dmello sir,
First of all wish u happy new year. I am regular reader of ur blog and have invested as per u reco. thanks for ur efforts which u take to post scrips on this blog.
I have one query, as u reco pet.lng @ 110 ,the high was 121 but now trading at 113..so what shuld i do???shall i buy more at dip or shall i exit if there is any spcific stop loss...so my humble request to u pls specify stoploss if it is there?
Thanks n regards,
Kanika.
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