Buy in price range of 325-335 for a target of 375-380 in 3-4 months and 450-500 in 6-9 months and 600+ in 12-15 months.
Once Vedanta deal click in, this company will get the re-rating. May be move take a 1 qtr results as now new management performs, but Vedanta group has done it before and they will make money out for cairn for themselves and for investors also.
Also overall crude price rise will help the company make earn more profits and Oil exploration companies are strong.
Also visit us at www.multibaggerpicks.info
Hope Cairn India, dont need any more details as stock is known to all of us. If any doubts just mail us at multibaggerpicks.info@gmail.com
Happy investing
Sanket
Saturday, January 22, 2011
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