Do not be happy with the price of Rs.77. There will be correction in the price of v-guard in two three days. We have to wait and watch whether it can penetrate resistance level of Rs. 82. Perhaps it is possible only after declaration of their II Qtr results which is expected to be very good.
I have a great belief in this stock.. Once it consolidates above 80, very good chances that it will move higher...
It will give very good returns in short term
it is a good and safe share for long term investors because it is a low beta share,it fell less in maket corrections.so the market is near a short term top, investers should shift to low beta stocks with good dividend yield.