HDIL - Worth Buying


HDIL has a life's high if 1400 levels,, the stock witnesses a strong buying pressure when the market starts jumping upside,, if we see fundamentally, the stock sees a good buying near 70-75 levels. As the life low for the stock is 69, we see a huge accumulation around this levels,, So with 6 months view i expect that markets will be trading at range of 11000-14000 levels & so HDIL is expected to rally to 150 levels within this time period,, Keeping a strict stoploss of Rs.52, we can start buying this stock.