AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.
| User | Points |
|---|---|
| suniljain | 10,440 |
| admin | 2,990 |
| rahul das | 2,460 |
| anilmehta | 1,710 |
| dipak | 1,540 |
| rakeshseth | 1,500 |
| himesh | 1,350 |
| stockguru | 1,110 |
| shah | 1,060 |
| bharat_vora | 1,040 |
Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.
If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.
Yes! Munjalshow is a good stock for long term investment. Holding this stock for 3-4 years would fetch you excellent returns.
It is an auto sector stock. It manufactures shock absorbers for two wheelers. Its client’s base includes Hero Honda and Maruti. As credit growth started to picking up, I feel commercial vehicle sector will have a good growth in future.
Technically in the price chart an accumulation pattern had formed from Jan 2008. I expect a break out in near future. To my knowledge I feel this would be the right time to invest in this stock for long term. There are a strong resistant around 63 levels and around 74 levels. Its 52 week high was 64.80. In case market corrects in near future, we can buy this stock because the commercial vehicle sector will see a great growth in future. Buying at current levels and at every dip part by part is advisable. Here I give the levels to invest in this stock.
MUNJALSHOW LEVELS FOR INVESTMENT
AROUND 53 – 55 LEVELS
AROUND 60 - 63 LEVELS
AROUND 67 - 71 LEVELS
THANKS.