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Monday, June 17, 2013
HDIL: Bullish pattern is slowly building up
Today inspite of the RBI not coming up with either a Repo rate cut or a CRR cut, the scrip closed near its day's high. This indicates that there is interest in the scrip, from the punters to make quick bucks. This scrip has already fallen from Rs.120 plus to the current level. Hence, it should be accumulated, because we are now gradually approaching towards the results of the June, 2013 quarter. Hence, the effect of the March, 2013 quarter results are expected to be over soon. CMP: Rs.37 .75.