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Joeboy
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04 Sep 2008 00:15
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Safe bet at current level. Keep accumulating for deceent gains. Another couple of quarters and the PE will come down with better results. With inflation expected to stabilize/come down, so will the interest rates (sooner or later) which will also have positive impact on auto stocks. Most of the hard work/efforts put in by the management will start showing now onwards with good upside in the stock price as well....
02 Sep 2008 12:35
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31 Aug 2008 18:15
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31 Aug 2008 18:08
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Most of the bluechip stocks are down over 35% & Tata Steel is no exception. However, Tisco is a more safer bet than any other steel stocks primarily because of Corus which gives them a lot of flexibility with prices. 570 - 625 range is god sent opportunity to add this excellent stock in your portfolio for short/medium term. I will not say long term bcs markets - global as well as in asia are so volatile that one is forced to book profits. As we are already on the lower price band of Tisco (a few rupees here & there should be ignored) it is a huge buy at current levels. However one needs to book profits at regular intervals starting from levels of 725 (in a bearish market) & 850 in a improved market scenario. One year target is 1200+ if all goes well specially at Corus. Those who are bearish on Tisco pls name some better performing stocks in the sector. ...
24 Aug 2008 18:55
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