August 18, 2009 1:05 PM
I promised in last letter, last week, to give my stock recommendations, which can rise 30% to 50 % in next 1 to 1.5 months.
Below mentioned are my recommendations.
|Stock||Current price||Target 1||Target 2||Stop Loss|
|Everonn Systems||355||368||400 – 499||315|
Pl Note: I expect these targets to get achieved by the end of September. You can buy at Current Market price, ideally you should book 50% profit on achievement of 1st target. If market goes down and Sensex breaches the level of 14480.90, exit from all the stocks. Otherwise, you can remain long with the stop loss mentioned in table for stocks.
I will post my updated strategy further as and when required.
Dow : I expect Dow to reach close to 10000 mark into mid of September.
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