Day Trading July 8 - Morning, page-214

Off topic : Re NSL/NSLO

Indian Property Market and Industrial construction is booming and should continue with growing higher middle class and growing younger population. That results in higher demand of metals. Hence, move from NSL and I/O producer + steel manufacturer is highly effective for long term growth of the company and the share holders. Let's just look at Ausie I/O producers and their debt and if we compare NSL against their MC, NSL despite such successful fundamental moves in past few months, we are at floor in terms of MC. Once cash flow starts that's where major fund/super managers will start to pour in millions in NSL.

For now, it's good opportunities for us to soak shares or oppies prior to next move up. So pretty much good ST-MT bet.

All IMO

cheers
J