My first Stock Pick which i am revealing here.
Strides Arcolab
532531 STRIDES Group (B) BSE
current price:-330.75
A hot cake in pharma!!!.The profit from these collabrations like glaxo smith and other big advertising contracts would be reflected in results from 2009 onwards
Call from me:- buy range around 300
Target:- 500 -700,lower side target
Duration:- 1-2 years
I would like to reiterate on this share and revise the future target for Strides Arcolab to be rs 1000 in about 2-3 years time,buy as much as you can on dips its already running at 463 which i feel is a bit on higher side to enter now,but if you are eyeing for long term than there is no hesitation in gain.
For short term to medium term investors just wait for some market correction you can enter into stock at 400 levels and enjoy 20-30% profit in 6months time from there on.
1 comment:
Nifty and Sensex close up to their morning gains as strong pharma and IT sector drive the uptrend. Cipla gains by 3.3% and Tech Mahindra appreciates by nearly 3% to keep the markets afloat in the green.CapitalStars
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