Hi Friends
Yesterday L&T made a low of 2610, down 300+ rs from previous days close. As I recommended yesterday that its a good buy @ 2500-2600 today we might get the chance to enter the stock in panic. We can initiate a BUY position for long term in the panic and we can get a price of even lower then 2500. So one can go ahead and use 25-35% of their money to invest now and the remaining can be entered upon later if the market falls again in the coming days. This is the best stock to enter at these levels. Do remem in panic we can get a price of 200-250 rs down from the last close so take some small position accordingly.
Markets to remain weak till the global pinch is not over.
Happy Investing
Investomaniac
JAIDADIKI
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