ads

Search This Blog

Wednesday, 22 May 2013

Short L &T futures with Trgt of 1320

 Worst result, Worst outlook and management is not optimistic for current fiscal year, Go short with Trgt of 1320


  • 7% drop in profit
  • 2000 crs of order removed
  • 5000 crs very slow orders(meaning they wont get excuted any time soon)
So until new govt comes one can maintain sell view on L &T

No comments:

Post a Comment