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Adhunik Metalik Most active discussions of 2006 , 2007 & 2008

120/- @4400 and 90+ @4200 Nifty (8) 24-Sep-08 20:09

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Posted by: Be and Make on ( 24-Sep-08 20:09 )
Price : BSE: Rs 64.75 ( -2.63 % ), NSE: Rs. 64.30 ( -3.24 % )
Dear LM � Blood bath continues in adhunik, big goons exiting from this counter which drags the scrip to the new lows. I already told several times in this board that any scrip should respond to the market sentiment and this tag �120/-@4400 and 90+ @4200 Nifty� tells the fact. If nifty falls further then adhunik too fall along with the broader indices and the same was happened. Unfortunately big FIIs (morgan stanely) offloaded their exposure in this which further damaged this stock. I first entered in this stock at 50+ levels and exited at 168/- after my exit the stock further went up to 240+ level. But I never worried about that up move bcoz I fixed the sell price when I bought the scrip is at 170/- I got my target and exited with money that�s all. I already apprized you to avoid this mid cap stocks due to poor market sentiment. With thanks Be and make

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