LAKSHMI ENERGY &
FOODS LTD CMP RS. 25.45 ON 26-5-14
(The stock has made
an all time high of Rs.340/ on 17.9.2008)
POSITIVES:-1.Good
EPS
NEGATIVES:-1.Why running at low P/E?
2. Solid Book Value
3.Technically brilliantly poised for an up move
The stock looks good both financially and technically, I
feel that it has bottomed out in the range of Rs.19-21 and is ripe for a
reasonably good up move, The only concern is
that it is running at a very low P/E why ? may be it has not catch the
fancy of the investor now but some day it will ,therefore one can invest 25-30%
of the marked funds for the stock at current market price and then buy on dips or on the momentum but be alert if it closes
below Rs.21 and get out of the stock if
it closes below Rs.19.The upside targets for the stock could be 27.40 / 32.10 / 42.15 / 48.50 / 54.20 / 74.80.if
the stock starts crossing the targets use them
as support and exit point.
Kindly note that make your cost your stop loss in favorable trade and then
trail it as the price of the stock moves up to gain maximum profit.
NO NOTE:-1.PRICE STATED
HERE IS OF SPOT MARKET.
2.RECOMMENDATIONS
ARE VALID TILL THE STOP LOSS IS TRIGGERED.
3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES
FOR MAXIMUM GAIN AND CAPITAL PROTECTION.
Contact me for strategic guidance to enter and
exit the trade
