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Sunday, August 1, 2010

subex Ltd.


Curently trading:-52
Target:- 70 3-6 months
long term :- 100,200,300.

Currently trading@52, and the current price of this script is very attractive. There seems to be that a few chances going down from the current level. The script has a lot of potential to go upwards and I'm good numbers coming out each and every quarter this script is expected to grow only. I am quite bullish on this script and in future it is expected to touch or even cross more than 100 levels. So I would recommend, and strong buy on dips. It just makes sense because the EPS off this script is getting better as we move ahead and in trying to come it is expected to be much more better results. The last year EPS is around 23 compared to previous year EPS which was very low in fact it was a negative which shows that the script is picking up at the right time and expecting the IT industry to grow in future we can see many good rally on this script in days to come.
My immediate short term target for this script is 70 and 3 to 6 months and in time to come I am sure this would cross a more than hundred and is that it is a complete bullish rally then expecting this script to cross  200 or 300 in long-term.
I would recommend a strong buy on dips,keep accumulating this stock as much as you can, a big multibagger company in near future with very minimal downside.

Cheers