Tuesday 7 October 2008

Buy NTPC at Rs 165-151: N Pillai

Neppolian Pillai of Modern Shares & Stock Brokers is of the view that one can buy NTPC at Rs 165-151.

Pillai told CNBC-TV18, "The best price to buy NTPC will be Rs 165-151 band where it actually moved up from. That is the level I would target, if it comes there I would buy into."

Disclosure: It is safe to assume that analyst nad his clients may have an investment interest in the above stock/sector.

Source: MoneyControl

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.