Business Standard

Look for a mid-week recovery

DERIVATIVES

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Devangshu Datta New Delhi

The only trend-following long position, which looks potentially good, is Bharat Forge. "Forge" is one counter that has moved against the market. Keep a stop at Rs 303 if you take a long position and start booking profits over Rs 325.

Profit-booking in several counters has already created bottoming formations and going long could be quite profitable. Grasim is a possibility

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First Published: May 12 2008 | 12:00 AM IST

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