REVIEW OF STOCK STRATEGY
We had recommended to our readers buying the stock of Vedanta Ltd at Rs 240.40 in issue no. 50 (dated October 01, 2018). Post our recommendation, due to the selling pressure in the markets, the stock slipped lower and marked a low of around Rs 226, which was near to our stop loss level. However, the stock managed to hold this level on a closing basis and bounced back to hit the level of Rs 246.90.
We would advise our readers to hold this stock as it is showing good strength in an otherwise highly volatile markets.