VIJAYABANK @54 on 08/05/12 (#NSE #BSE)

You may accumulate for medium term…ref1153/92.59

Note: ‘accmulate’  means that you buy it over time in five strokes at different rates while ‘accumulate on dips’  will require you to buy it when the opening price is below last days but again over a period of time.  You may refer to the top post on blog ‘some guidance’ .

Market was badly down today and closed about 5000 level of Nifty. In our system of recommendation the stocks have some independence of the market and hence when the markets become jittery the recommendation remains valid for medium and long term. We do not ever recommend for short term trading.

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