Markets advanced on 3 trading session and declined in other
2 trading sessions. These clearly indicates that the market is
yet in consolidation phase. We are waiting for a signal which
could decide the next direction of market.
In the coming week volatility will continue. Investors
should be cautious as December is the accounting year for
FIIs and we may see some profit booking and outgo of
funds. These could dampen the overall sentiments of the market.
Recommendation
Buy Bag Films @80. 4 months target 120.
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1 comment:
Hello Dmello sir,
I have one query about bag film, as u reco bagfilm @ 80 the high was 104 on 08th jan 08 but now trading at 83-84(09 jan 08)..so what shuld i do shall i buy more at dip or shall i exit if there is spcific stop loss...so my humble request to u pls specify stoploss if it is there?
Thanks n regards,
Kanika.
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