Just happened to glance at a latest report that advised several midcap recommendations…It’s from a leading Broking House ( Yes,it had an IPO in 2007 and is listed )
Buy Rallis at Rs 677 with a Target Price of Rs 550 !
Buy Sterlite Technologies at Rs 136 with a Target Price of Rs 126 !
No Wonder ! Investors Lose Money when they Blindly Follow Advice ! …Don’t blame the Broking House ! After all they have warned you !…that their Target :Price is lower than the Buying Price !…They need you to Buy because they need the Brokerage !