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Stock Queries:Axis Bank,Aptech
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Raghvendra Narendra Dhoot  
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 More options Sep 30, 6:10 am
From: "Raghvendra Narendra Dhoot" <rag...@raghavs-picks.com>
Date: Tue, 30 Sep 2008 06:40:39 +0530
Local: Tues, Sep 30 2008 6:10 am
Subject: Stock Queries:Axis Bank,Aptech

*Q.I have noticed you're bullish on bank stocks, I have 25 AXIS bank.What is
the outlook for the stock given the prolonged downtrend?*

A:Yes, I'm indeed very bullish on bank stocks with a 12 month investment
horizon.As regards to the downtrend, we're nearing the bottom.Your stock can
keep a stop loss at 480 and hold the stock with a 12 month target of 1000.
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*Q.I have 100 Aptech Ltd and I'm a long term investor.please confirm whether
the recent negative news affect the long term prospects of the company?*

A:No, the recent problems in the Chinese JV as well the general slowdown
will not affect the company in the long term and you can continue to hold
on.Though the short term continues to be weak, there is no danger to the
long term outlook as of now,infact you can add more to your portfolio at the
current levels.

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You can mail your queries/questions on adv...@raghavs-picks.com

Yours truly,

Raghav @ Raghav's Picks

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