Nifty Outlook for this week.

But on zee business they say not to buy ISPAT
Ispat a long term rally counter(First target upto 40 : second upto 80) and after that a cyclic downside as it is related to commodity (steel).
Being a weakest players in the steel sector,you only buy Ispat in a roaring bull market in metals or if you have a long term strategy you can invest at current point because they generate very good delta returns.Weakest players often do so from Rs 10 they will go to Rs 40 and be a 4 bagger,which will even put SAIL & Tata Steel to shame in a bull market.
 
J

JackpotRomeo

Guest
Ispat a long term rally counter(First target upto 40 : second upto 80) and after that a cyclic downside as it is related to commodity (steel).
Being a weakest players in the steel sector,you only buy Ispat in a roaring bull market in metals or if you have a long term strategy you can invest at current point because they generate very good delta returns.Weakest players often do so from Rs 10 they will go to Rs 40 and be a 4 bagger,which will even put SAIL & Tata Steel to shame in a bull market.

But The guy on Zee Business last week said Ispat will go to 3-4Rs, should I buy now or wait till Rs3
 

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