Exclusive: Three stocks that you can buy on a correction
SI Reporter/Mumbai 23 Feb 12 | 11:09 AM
Check out the trading strategies for a whole host of frontline and mid-cap stocks.
Smartinvestor : The markets have been trading with a negative bias since the past two sessions. Is this a temporary phenomenon due to the F&O expiry or has the tide turned for the worse?
Ravi Nathani : Markets on charts had a sharp run; resulting profit booking was expected in Near Term; however this would not last for long as Markets have changed its trend from Negative to Positive; therefore best strategy to trade would be buy at dips post a decent correction (NSE Below 5350 would be the best buying opportunity)
Smartinvestor : Can you suggest three stocks from the Nifty pack (along with targets) that can be bought on a decline?
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Sensex
| Company | Price | Gain (%) |
|---|---|---|
| GAIL (India) | 336.30 | 3.37 |
| Tata Steel | 408.25 | 2.43 |
| DLF | 188.45 | 1.89 |
| St Bk of India | 2,005.00 | 1.74 |
| Larsen & Toubro | 1,186.40 | 1.54 |

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