This is non stop rocket upto 52 within next 5 trading session. profit will take around 50+. wait for sure shot tgt 70+. Now techically very strong. company fundamentals also turning to positive bcos of solar energy.
But the fall from Rs.61.35 on 10th Sept/09 to Rs.27.10 on 9th Nov/09, just in 36 trading sessions should not be forgotten at the same time. Once beaten should feel twice shy. Who knows what is there in the future? HEAD or TAIL?
it will now never to 35 reason being scenario of solar enrgy change now this is Govt need to implement the green energy and xl is master on this field .Xl will supply all proction to NTPC who is declare by govt of india for sole distributer of 2000 mw by 2010 .Target 150 + very soon just matter of time.
Hi guest, I agree with you. If xl telecom has get one or two order defently it will reach 150+. we will wait for some time. Hope it will be a good multibagger.
Dear Guest,
Lets see .. I still hold on to my analysis of correcting from these levels with a target possible at 35-36 levels.
Let the order flow come in.. Punters will take it to 3 digits just on anticipation of results.
But critical is order flows. Till then its speculation time.
DEFINItely agree with u barat,
but dont you think orders would flow in as Solar project by indian govt. speeds up,
n btw, if punters played on extremist pessimism with the stock, dont you think they will trade away with extremist optimism too, even beforehand the results..
Yes Sunnyss, Market anticipates and react accordingly and our mkt knows only extremes.
The capacity govt is talking about, the inventory will be absorbed in a jiffy if they get a good order. Will mkt wait for XL to implement and get the profits,i dont think so. But its largely punters game with the support of management to an extent.
see even friday, i think the general mkt recovery led the recovery in XL too.. Other wise it would have been close to lower ckt.
Will it cross over the 44 levels needs to be seen. I will buy above 44 with a stop loss of 43 or at 35 & below.
morgan stanley has sold major portion of their holding.they got it at premium of 150 on conversion of warrants.why they have sold at loss is not known.entry may not be in order till situation is clear.if other FIIs sell there may not be buyers at these levels.better to watch for some more time.
I thinks its a good time to get bullish about this stock.
1. Around Rs 50 lac order was executed in last 2-weeks which brought the stock from 30s to 40s. This was a big buy bcoz no one was selling and the stock just kept going 5% up each day. there will be some consolidation at this levels and the stock shoudl move higher.
2. The 20GW project in India is being valued around $40 billion. If XL gets just 10-15% of this Indian Market thats around $4 billion. Thats close to Infosys revenue.
XL is worth giving a shot. Its potential in India itself is too large in coming years.
man: you`re joking as if XLT was the only one
in solar business. Even getting just 1% of
20GW will be difficult for XLTEL. Do you know
what 10% and 15% is?? Banks hardly pay 2%
interest on US$ deposits. In some countries
banks pay just 1% interest per year and
you`re talking about 10% and 15% as if it
did not mean anything.