Sunday, December 20, 2009

Bhushan Steel--The toughness of steel and darling of Hedge Funds

Bhushan STEEL: last close 1337.

The Stock is moving in the range of 1330-1368. Close above 1370 will take it to 1500 level in short period.My advice is to buy at dips keeping Strict stop loss of close below 1290.if not want to take risk buy only when it trades above 1370 or close above 1370.

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