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Disclaimer: This Blog, its owner, creator & contributor is not a research analyst and expressing opinion only as an Investor in Indian equities .He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog.Information or stock recommendations contained in this blog are for educational purposes only. Investors are advised to consult financial consultant before acting on any such information. Before acting on any old recommendations, please ensure its relevance in current circumstances.

Thursday, January 23, 2014

Level Matters@ Tata Sponge delivered return of 41% from the recommended level.

Alert@ Tata Sponge hits 412 as of now. 
We recommended Tata Sponge exclusively to our clients on 19th Nov in the region of 292-287 and we even recommended booking profit at sub 339 levels (return 17%). 
Money Mystery does lot of research in finding strong support & resistance levels before recommending something. If anyone go through the price action since than one can find that it very much maintained the given level of 292-287 and gave many trading opportunity till now. Mostly we go with the idea of Single idea@ Multiple Trade thereby making profitable trade in the same stock on multiple occasion.
Today so far it hit high of 412 thereby delivering return of 41% from the recommended range. Looks like a breakout.

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