Watch out for 2 stocks: ATRL and ACIL. One in Refinery and other Insurance sector share, the 2 shares are leading the rallies. ATRL has been a naughty share lately and has shown tendency to go for continuous locks, caps and floors, 2-4 times consecutively. A strong share with holdings in POL and APL can make you a lot of money if you start buying this share in smaller chunks. if the price goes down then buy more and more and more because when it goes up again it will make the fastest money for you. With sentiments high, you can make a lot of money if you leave margin for technical corrections and keep buying this share in chunks. strategy is to accumulate.
ACIL is hot because it is in tremendous demand. BIG institutions have eyes set on this stock. Although insurance sector is seen to be suffering at the moment, ACIL has vast reserves which are invested in stock market and KSE 100 Index touching 7,500 valuations for ACIL owned securities has gone up considerably. Apply the same strategy as ATRL.
Please do not invest all your funds in one shot in these 2 shares.
Sunday, April 5, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment