Call Update: ABC bearing

I had recommended ABC Bearings on July 29th at 158 and 1 week later, it had climbed to 181...thereafter it has slided down a bit and gone into a groove. However, it is a good company with steady earnings growth and it should do well in the future...you can add more at current market price and on further dips and it should reach 200 in the next 9-10 months.  

Date: Mon, Oct 25, 2010 at 11:09 AM Subject: ABC bearing

Dear Sir Welcome back!

 

You have recommended ABC Bearing and now it is going down. It went down to Rs.144. What is your suggestion on the script. Shall I average now and do you expect a bounce back on the script.