2. High risk investors can buy Kingfisher Airlines which is moving in a band between Rs 20 and Rs 45 and stock may remain range bound in this band for few more months. As a strategy one can buy this stock near low levels and can hold the stock till it does not break the level of Rs 19.9. During an upmove stock can targte the levels of Rs 45.
3. However if you have faith in Vijay Mallaya capability and also do not want to take the risk than enter in this stock only once it starts trading above the level of Rs 70.1 on closing weekly basis. Keep the stock under your scanner. Kingfisher Airlines reports Rs 626 crore net loss in Q3 which is a matter of concern and will require huge marksmanship of Vijay Mallaya to bring this company into profit.