Long term investors should buy the stock with a tight stop at 310 levels. I am expecting the stock to atleast give 60 - 70% returns this year.
Tuesday, January 4, 2011
FUTURE STAR - CIPLA
Stock that is all set to set the Dalal street blazing is Cipla. The stock has not been on radar for 2009 since it spent most of the year consolidating. But the stock is all set to rocket as the strong bull candle in the month of December heralds a new opening. As is the case generally, a stock out of tight consolidation generaly jumps. Cipla has made a good base around 300 levels.
Long term investors should buy the stock with a tight stop at 310 levels. I am expecting the stock to atleast give 60 - 70% returns this year.
Long term investors should buy the stock with a tight stop at 310 levels. I am expecting the stock to atleast give 60 - 70% returns this year.
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