October 30, 2010 5:05 pm
Is it worth to invest in SAIL for long term say 5 years.
Can i buy at present price of Rs.194? or should i wait for a correction, if so how much shld be my target on downside??
Sail results have not been good for the current quarter, however for a period of 5 years it will perform well. As the markets is at its peak it is advisable to buy only in small qty. Suppose your intended qty is 100, you may buy 10% now and add more at every dips.
Don’t buy at lumpsum.
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