Smartlink Network Systems ( A cash bargain which we have been liking as a safe and defensive bet for a year or more now ) read this earlier article - http://www.nooreshtech.co.in/2011/11/smartlink-network-systems-cash-on-books-300-360-crores-market-cap-130-140-crores-a-good-investment-pick.html
The stock saw a huge volume tick today after a long time with price breaking out above 55-57 resistance.
The promoter has been increasing stake consistently and now stands at 73.4%. Good dividend policy and huge cash on book gives a lot of comfort to add on to the stock with a long term view.
Disclosure: Remains a core portfolio pick since 42/45/48 and was added today at 55-57 levels.
TECHNICAL ANALYSIS TRAINING SESSIONS planned for Delhi/Bangalore and Mumbai in month of January and Mid Feb.
Do register yourselves as we dont take more than 10-14 participants in one session.
For more details call Nooresh 09819225396 or ankit 09899899989