1. Cement presents a good risk to reward ratio where one can enter in ACC between Rs 620 and Rs 650 for over a year and can see the stock appreciate by 20-30%.
2. Cement stocks are presently in a consolidation mode and only risk is 10% downside risk from present levels and appreciation couldf be to the range of 20-30% and thus make it an ideal candidate for investment.
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29 May 2008
ACC:Cement share tip: Indian stock market
ACC:Cement share tip: Indian stock market
2008-05-29T23:07:00+05:30
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