What about Suzlon energy

[amit.kumar3117]

Hi, i have been watching suzlon energy for last 2 months...It has very nice price 20th Jan 2008..But after FII heavy selling it is getting down day by day...current price of this share is 87 Rs. Should i buy this share....Is something wrong with the company...???

 

[raakesh]

Hi Amit , buying a particular stock depends upon your individual time-frame for holding a stock.In the current market scenario where people with short-term view are even skeptic about the so called bluechips, well as a thumbrule if you want a relatively safe entry look for the stock to cross 50 D.M.A because that's when the FII's & DII's begin to take interest. Hope this is useful to you.

 

[amit.kumar3117]

Thanks for your reply...I am planning to have this share for 1.5-2 Yrs...indian Govt declared some flexibilies to attract FII and increase FDI. I hope thr will be some good news from that side. So i think after 2-3 weeks it would be good to buy ... Whats your suggestion...??