Today`s correction is possibilly testing its weakness of last 2-3 week. The volatility in this stk. over next 2 days is expected to confirm that the base is there from where shorts may cover. Expect it to land in 29-31/- levels over next few days. Shorting here one may get trapped.
Expect unexpected fireworks here soon ! Speculation of merger is expected to be announced preety soon. Though the merger itself may take 4-6 months to take shape.
Only merger news will boost up this share prices. On the time of merger there will be small contribution for going up the price. Like the news of higher advance tax has boost up index. And at the time of quarter results, even good results cant boost index at higher rate.
When????
when its going to happen...waiting for so long . holding @ 39 .i waana know if mrkts again go to 4500 level than wat can be its resistance and where can i avg it
ur holding is at higher rate. U can wait upto Feb. U can get profit.TTMl is not small company. It cant be insolvent if u r a investor then u r taking right shares. Now mkt strategy will not to go 4600 . TTML has strong resistence at 25 , 26 and 27 . If it break 270 level then again it stuck on 32 - 35 level. If it breaks 35 level then it will go up to Rs 40. Now stop loss Rs 20 wait for feb it may go up to RS 50. Thank you