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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.

Friday, March 8, 2013

MMTC@ Corrected around 29% since then....now what???

On 1st March when I gave my view on MMTC it was trading around 415 and we gave the downside target at upto 267/250 where so far it made low of around 295. We have reached the area from somewhere the stock is likely to take support and give good bounce...am not sure whether it will reach the mentioned level of 267/250 however am comfortable buying near the region of 267/250+- only and not before that. View may differ from person to person.

Cmp Rs 295 when this message posted.

Kind Regards,

Manish Bothra.
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