Sterlite Technolgies

Originally Posted by narasimha_devi

Hi,
I have purchased Sterlite Technologies at 70.
At the current levels can i average it for the better returns in 1-2 yrs span of time?
Please let me know your views ?

Thanks
NarasimhaReddy.

Seems to be a decent stock pick and has corrected a lot. Recent quarter results have dipped to 17 Crores from its normal above 50 Crores. On the chart, the stock seems to be forming support above 40.

Wait and watch and accumulate slowly at these levels. Also diversify your portfolio with more good ones.

Cheers!

Thanks Mani.
Please suggest some stocks for reasonable returns in 8-12 months span of time.