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Friday, May 05, 2006

*CORRECTION IN CEMENT STOCKS - AN OPPORTUNITY TO BUY *

Yesterday trading session saw the cement stocks taking a dip and this is a great opportunity for buying in these stocks and taking position at the current level.

From Mutual Fund houses to brokerages to experts all are bullish on the cement sector for the days to come and many fund houses are buying these cement stocks moreover, there is a huge sprt in the volumes traded in the stocks.

Yesterday downfall saw stocks down from 1 % to 10 % as Gujrat Ambuja and India Cement fell by more than 7% and others also followed the suit.

Gujrat Ambuja @ 118
India Cement @210
Jk Cement @195
Manglam Cement @218
Birla Corp @368

The bullish trend in this sector is well in tact and and upward move will take these stocks up by 25% to 30% from the current level.

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