What's your opinion about buying NMDC Ltd. (526371) now at 260 Rs. and hold atleast for 4 to 5 months????
CA. SUJAL MEHTA (Service) (3316 Points)
30 July 2010What's your opinion about buying NMDC Ltd. (526371) now at 260 Rs. and hold atleast for 4 to 5 months????
Raghav Toshniwal
(student)
(450 Points)
Replied 11 August 2010
Dear sujal,
if your view is of 4-5 months, then its target would be around Rs. 300....
So you can buy it aroung 262 Rs. level, but if stock continuously corrects & breaks the level of 252 Rs, then its target on the lower side is 240Rs. So on the low , you can accumulate... It is consolidating around 260 Rs. levels, so more probability is on its upside during 4-5 months...
Regards
RAGHAV
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