[sharetrading] TELCOM

 

It appears that Mukesh Ambanis entry into telcom, has invigorated the dead & written off sector.

Almost all stocks are screaming buys…………….. but exit on failure of SL or Nifty break down (BD)

Take ur own call on sector….

After sugar let us see how this fares…….. But since there is no commodity to track it is difficult to say direction. Hence keep a SL below 21DEMA.

Basically I guess 5400 could be a reasonable target if not abv…..

Abe

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