Call Update: TATA SPONGE (still in buying range)

TATA SPONGE almost touched 400 today and then has retracted to 374..those who could not pick up earlier can go ahead and pick up in small quantities. Hold for long term as a portfolio stock.

On Mon, Nov 15, 2010 at 6:35 PM, powerfulpicks <powerfulpicks@gmail.com> wrote:

 

TATA SPONGE looks promising and under-valued at 369. Buy at 369 for a medium term 6 month target of 451. The sponge iron industry has a promising future and can treble in the next 6-8 years. TATA SPONGE can  well be trading at 550+ by first half of 2012.