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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.

Monday, November 12, 2012

United Spirits@ The Power Of Mallya


United Spirits (Updated)
Recommended Level@ Around 490 in March 2012, 
High made today so far@ 1632, 12th Nov 2012,
Return Generated around 230% in 8 month

Thats how other business website projects this type of recommendation results for there analyst or an company.
I did for myself.

Though my Ex Boss didn't like this stock recommendation when I asked him to buy around the above mentioned level:-(
I also mentioned him that its weak only below 490 continuous closing and not before that and it did maintained the 490 levels on closing basis. The risk reward ratio was very much in favour of the trade.
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