At Moneycontrol message board we gave the following view on 18th Feb 2013@
Well the stock is reacting more on news and less on technicals. Still wish it takes a technical support which is around 55.50/55 on closing basis and makes a big bounce. By the time it reaches sub 55 levels it would have been corrected around 100 bucks from its recent top of 155. However below 55 levels it could drift down further upto 42/40 levels. We wish it takes a good U turn and makes a splendid comeback.
25th Feb@ Risk taker should buy around the sub 55+ level and below 55 the next level is somewhere around 42/40 which is the next area to average the same.
3rd March 2013@ Myself confident of UBHOLDING stabilising in 2-3 trading session. what ever be the scenario am a firm believer of Vijay Mallya. May be the recovery process won`t be that fast still I feel he shall overcome out of the odds and shut mouth of his critics. It`s my personal thought.
From low of 42.45 made on 5th March 2013 UB Holding currently at UC at 56.85, below 55 we expected it to come around 42/40, take support there & bounce as mentioned on 18th Feb.
25th Feb@ Risk taker should buy around the sub 55+ level and below 55 the next level is somewhere around 42/40 which is the next area to average the same.
3rd March 2013@ Myself confident of UBHOLDING stabilising in 2-3 trading session. what ever be the scenario am a firm believer of Vijay Mallya. May be the recovery process won`t be that fast still I feel he shall overcome out of the odds and shut mouth of his critics. It`s my personal thought.
From low of 42.45 made on 5th March 2013 UB Holding currently at UC at 56.85, below 55 we expected it to come around 42/40, take support there & bounce as mentioned on 18th Feb.
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