Hi All
Dr Reddy @ 1540 Sesa Goa @ 335 Bajaj Auto @ 1450(2900 i.e before
bonus) have risen around 4-10% from the recommended level in lieu of
their inclusion in Nifty 50 index from 1 st October 2010.
Dr Reddy which was excluded from the Nifty 50 index in September 2008
has seen the sharpest rise i.e close to 15% post the announcement of
its inclusion in the Nifty 50 index from 1st October 2010.Those who
initiated longs can book 70-80% of their holding in Dr Reddy at the
current level of 1525-1545 and switch to either Bajaj Auto and Sesa
Goa for a decent upside upto 1510 and 350-360