I do not see such a fall in Shree Lakshmi Cotsyn. And if it does, have some money ready because it should be back to the levels of 155 very soon after that fall to 120.
You have to be brave in the stock market (calculated bravery, not foolhardiness and over confidence) and patient and convert panic to opportunity and handle disappointment calmly..only then will you succeed in the long run.
Why did you buy at 162, when my call was at 154?
On Sun, Oct 31, 2010 at 9:47 PM, nirav mehta wrote:
Dear Sir,
I have bought Shri Lakshmi Cotsyn at 162. Since then the stock has fallen to 151 level inspite of 23 cr profit v/s 20 cr profit Qtr on Qtr basis in September results.Few people are telling it will fall down to 120 levels. I am confused and started worrying as i hold significant quantity. What is your outlook on this stock ?Should i buy more to average it at lower levels to enable me to exit at higher levels . Kindly guide ! Also i will be immensely thankful to you if you can give your oulook on TODAYS writting products which is at 52 week low.I am holding it with average price of Rs12 Awaiting an early reply.
Thanks & Regards,
Nirav
On 10/27/10, powerfulpicks <powerfulpicks@gmail.com> wrote:
> Buy Shri Lakshmi Cotsyn (BSE: 526049, NSE: SHLAKSHMI) at 154 for a
> short term target of 174 (1-2 month).
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