Powerfulpicks Call Update: My below call on Maruti was on the same day as many leading investment firms were giving a sell call on the stock. Script touched 1413 and my target of 1427 is quite near. After reaching target, sell 50% of holding and hold the rest for 2nd target of 1479. Longer term investors can hold for a year for long term target of 1690.
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From: powerfulpicks@yahoogroups.co.in [mailto:powerfulpicks@yahoogroups.co.in] On Behalf Of powerfulpicks-owner@yahoogroups.co.in
Sent: Monday, July 26, 2010 1:26 PM
To: powerfulpicks@yahoogroups.co.in
Subject: [powerfulpicks] ACCUMULATE MARUTI
Nice single day correction seen in maruti and it has corrected from levels of 1400 to 1215..retail investors can pick up 10-20 shares of maruti at this price (1210-1215) with a 6-8 months investment horizon and a target profit margin of 1427 (18%).
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