Wednesday, August 3, 2011


In weekly charts SAIL has this week covered a gap it had made in MAY 2009. The correction appears to be coming to an end. The stock maybe accumulated from an investment point of view. One strategy would be to buy 1/3 at current levels and the balance 2/3 either between 75 - 90 if it further corrects or above 185 in case it form a bottom at these levels. A two year target for the stock could be 300 - 350 in my view.

No comments:

Post a Comment  Universal Currency Converter ®
Convert this amount
of this type of currency
into this type of currency.

enter any amount

scroll down to see more currencies

scroll down to see more currencies
Universal Currency Converter under license from Terms of Use

About Me


All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.