Thursday, June 25, 2009

Suzlon may touch Rs.150 in medium term

Chitradurga :: Suzlon Wind Farm

Image by ramkrsna via Flickr

Invetchips recommended Suzlon as a long-term bet. But recent chart patterns and accumulation by savvy traders indicate that it may soon touch Rs.150. Medium term investors can accumulate this stock for a target price of Rs.150. If you wish, stop loss can be put at Rs.88 .We again recommend Indusind bank and Jayashree Tea as  short-term bets. Any dip due to F&O closing may be used to accumulate these scrips.

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