1. I am optimistic on the prospects of this steel sector stck and thus would recommend investors to invest in the said stock as the stock is down due to global melt down and it appears as if this stock is the most hit.
2. Stock to accumulate is Tata Steel and I remember seeing this stock at exhorbitant price levels and thus buying this stock near levels of Rs 130-125 for a long term period can yield enormous returns.
3. Stock has limited downside till the level of Rs 100 at best and thus returns is non linear as compared to the loss factor.
2. Stock to accumulate is Tata Steel and I remember seeing this stock at exhorbitant price levels and thus buying this stock near levels of Rs 130-125 for a long term period can yield enormous returns.
3. Stock has limited downside till the level of Rs 100 at best and thus returns is non linear as compared to the loss factor.
