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Ranbaxy may fall to 490.... (9) 12-Jun-08 08:51

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Posted by: marketman on ( 12-Jun-08 08:51 )
Price : BSE: Rs 560.80 ( 0.01 % ), NSE: Rs. 561.00 ( 0.04 % )
Long term permanent investors of this scrip is not happy with this sell out by promoters..... so investors too follow them to exit from the counter.... but all investors may not get oppurtunity to exit at higher price and may decide to exit at presnt price and thus selling pressure will be seen in the counter.... even in the long term there are clouds on the latest developments.... So it is a definitely a exit scrip irrespective of at what price investors will be selling.... Analysts expecting the cunter may fall to 490 in coming sessions....

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