Thursday, June 23, 2011

IB Real Estate Buy on steep correction

/photo.cms?msid=8900956Indiabulls Real Estate

This is another counter that turned around on an annual basis in 2010-11. It reported a consolidated net profit of Rs 160 crore compared to a consolidated net loss of Rs 16 crore in 2009-10.

Our Recommendation :

This is a traders delight. Buy below 100 levels and look for a target of 150 holding period 3 months

The scrip has been giving fantastic returns for those who are buying at support levels and selling on a gain of 25-30%

Investor has to sell whenever it peaks out and again re enter.

Bought to you by

Ingenious Investor

Equity Research Division

Ravina Consulting

Pattamal Plaza

3rd Cross Kamanahalli


For Free Stock Advise + Ideas

Talk / SMS 08105737966

Read -

Follow us -