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Plan your long term investment: Buy now with long term view

Posted By On 12:51 AM Under
1. As advised in my previous post for buying Quality investment stocks 2008 and thereafter I bought IDFC as suggested by me on Friday and the stock moved from 47 levels to achieve the high of RS 62.8 in a single trading session.

2. All those long investors can use the opportunity to buy this stock above the level of Rs 58. Stock will remain in uptrend till it remains above the level of Rs 56.5.

3. Nifty is likely to be in uptrend for next 2-3 sessions and thereafter one may see the fall in the market again. If you do not want to benefit from the up trend of Nifty than long term investors can wait to buy this stock below 50 levels but as a long term investment as advised by me.

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