What a game today! Short, shorter and the shortest :)Unbelievable volume of almost 29 million with the cmp moving up and down by 10%..Wow!... FTIL on valuation alone looks attractive... As usual FMC sat on the sidelines when the innocent(blimey!!) investors were blown. Gonna wait on FTIL for another two sessions, and get a valid pivot. I am getting a strong feeling that I may go long at any price below 140.
And What an idea sirji!!! When a company posts a Q1 PAT which went up 98% Y-o-Y and up more than 50% sequentially, you'll always expect its price to go up like hell...huh! What did I say? Ranbaxy followed suit, and closed greener,,sanity prevails
FTIL and idea are on my watchlist.. and some more are..will come by later on'em
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