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ACC -- A good buy at current levels
K Seshadri
With the market lost for a sense of direction, there are not many worthwhile choices for traders to play upon. Yet for the compulsive trader, ACC is a good choice. The scrip has slid down from Rs 140 to Rs 103.On Monday it closed at Rs 108. The stochastic indicator has been on the buy mode for the last three sessions. The attraction of the scrip lies in the limited room for downside retreat. On the other hand should the market turn bullish, for any reason, one could look for a decent return. So log on, but do keep a stop loss at Rs 104.50. Buy close to Rs 106. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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