Friday, January 27, 2012

Power Investing- Great Buy-Hinduja Ventures

Buy Hinduja Ventures (close 334.95 NSE).
Stop loss - 315 closing basis.
Targets - 350/370/400/Higher
The stock has solid support near 320-316 zone and not likely to trade below that in near term
Great buy for delivery. 3 months and more.

4 comments:

  1. Today's close -
    NSE 344.75, up Rs. 9.80/2.93%
    BSE 345.90, up Rs. 8.00/2.37%
    Day1 doing good.

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  2. Today's close -
    NSE 354.80, up Rs. 10.05/2.92%
    BSE 356.00, up Rs. 10.10/2.92%
    Day 2 doing good.
    Expect it to show 364/374/380 soon.

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  3. All targets were achieved in this recommendation. Hinduja Ventures still has a lot of power and I continue to have a BUY recommendation on this. It currently (CMP 384) has support @ 360-345 zone and more buying can be done close to this range. Once it decisively clears 403, expect new levels of 430/440/460/Higher soon. Current recommendation - Hold Long positions. Revise closing basis stop loss to 333.

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