I have studied this share a lot and think that we should wait for a fall for at least next 5 days... undoubtedly it is a good share but it can fall more... may be to 85-90
You are right, brother, this will go down to 85-87 and then bounce back. Till the time u have to wait and watch. Market is waiting for a big fall in next week. Away from investing more, u can invest in the shares which have not up since last one month. Like ADSL and other shares which are good financial background but yet to perform. Certainly, during the market`s down turn these share will go up. Best of lunck.
everyone is saying buy......and stock has fallen from 170 to 99....
some guys are shorting this stock on every bounce back.....(right issue or no rights)......
why rights happened at 84..... why not 120...simple reason.... these guys knew that many FII have already bought it arounf 65-70 and were seeking exit around 140-150..... to counter that stock has fallen hugely..... i dont know if stock fall to 90...who will subscribe to rights...
this is something fishy....qip or rights happen at highs and not 52 week lows
there is something behind it some brokers recommend the stock. but the stock has just fallen
can anyone suggest the next falling price would be approx.
str2323