Tuesday, 1 September 2009

Buy Punj Lloyd at any dip to Rs 240-250: Mohindar

Mohindar told CNBC-TV18, "Punj Lloyd on the medium to long term front still looks pretty robust. I feel the stock should probably head to something like Rs 290-300 medium to long term, so if you have that frame in mind, I would not read too much so any dip to Rs 240-250 that window is a possibly a good buying spot for you."

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.