Buy Escorts

Why Escorts,

 

Co. is a loss making co. and its share price has slided from 130 to 72. Market has completely conisdered its losses

 

From 72 onwards, first on the technical chart, it made bullish engulfing and then I was waiting for uptrend to remain in force. So, certainly smart investor have entered this counter. Meanwhile, market grapevie says that Cos. Faridabad unit has been sold for cool 530+ Crores for which price target for the Co. is 150+ within 15-20 days.

 

So, Certainly 120 is achievable once the news is out. This is going to be multibaggers and investment horizon is also very less. I expect scrip to reach around minimum 130+ in this vallan. After a coninuous uptrend from 72 to 98, today it took some halt, but certainly smart investor have accumulated huge quantity and will not give it up so easily. Those who hold, must continue to hold and one should also add more to its fullest capacity giving good chunk of risk free, assured return within next 15-20 days.