Recommendation for January 2010

January 14th, 2010 by Drops Savings Leave a reply »

We do not recommend any stock this month as the prices of the shares in our watch list has gone up far from its fair value which give little room for any reasonable return in the long run. However we remain with our recommendation of Bharti Airtel and Suzlon Energy in the last two months.

We recommended Bharti Airtel in November 2009 while its price was Rs. 299.95 and it has gone up by 6% since then. At the same time, Suzlon Energy which was recommended in December 2009 at a price of Rs. 83.10 has gone up by 12% so far. We still believe that it will give good return in the long run even from its current level and if you have not bought it yet, you may consider fresh investment now.

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