Sunday, July 31, 2011

ABG Shipyard – Medium Term Buy Recommendation

ABG Shipyard – Medium Term Buy Recommendation

ABG Shipyard – Medium Term Buy Recommendation

Posted: 31 Jul 2011 01:51 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with medium-term perspective can consider buying the stock of ABG Shipyard (Rs 388.4), a private sector ship building company. The stock has been trending higher forming higher peaks and higher troughs since bottoming out in February 2009 at Rs 62. However, the stock encountered resistance at [...]

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