Tuesday, March 11, 2008

L&T---- Return of 200rs already...

Hi Friends
L&T after making a low of around 2600 yesterday closed well above 2900 today, a again of around 250+ Rs in one day. As i said before that a stock like L&T cannot be available for a cheap price like 2600 for a long time. We can still get an opportunity to buy the stock at those levels if the markets break again in the coming days. Today the FED announced a releief of 200 billion dollars for the economy and the DOW opened up 250+ points. If they sustain above 200 points then we can see some fire crackers tomm in our markets tomm and in that case L&T can blast towards 3200+. As the stock has been recommended for long term, keep holding the stock for good returns.
Sesagoa is another stock which is looking very good at the moment. It can blast upto 3800+ (Risky call, activated only if the markets conditions are positive).

Happy Investing
Investomaniac
JAIDADIKI

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