We have already looked at one turnaround opportunity and that has covered some basics of it. Turnarounds often give false signals and then go down big time. Having a tight SL policy is most important thing in all such ideas. When stock starts going up there is no limit and similarly once it starts falling …

In market, everybody keeps saying that turnarounds seldom turnaround. We can go a step further and say even in life turnarounds seldom turnaround. Turnarounds are very difficult to play because success rate in such situations is very low. Most management keep making the same mistakes again and again and that only adds to the existing …