Moneycontrol.com >> Messageboard >> Stocks >> Ranbaxy Labs >> Trading at year low and thus said to be very weak at the moment,may fall further on the backdrop of

marketman

Platinum Member

7596 Followers

Trading at year low and thus said to be very weak at the moment,may fall further on t... Read full message

3.53 PM Feb 27th | Track

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marketman

Platinum Member

7596 Followers

If it moves along with Dow ,it could be fine for its investors,otherwise need to get hangover due to technicals as well as poor results.....

9.52 PM Feb 27th

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marketman

Platinum Member

7596 Followers

Thank you vijay for sharing views on mmb.... Wish you good luck in market.....

9.50 PM Feb 27th

ahmak

Platinum Member

39 Followers

Dow is up 90 pts today, I guess the nifty might move up tomorrow, ranbaxy made an effort to move with the nifty today, hope it catches up tomorrow.

9.50 PM Feb 27th

suvinay

Gold Member

4 Followers

i track this share last two year it will go 500/ soon

9.48 PM Feb 27th

marketman

Platinum Member

7596 Followers

Looking weak at the moment..... Fundamentals are not supportive.... As there is no Indian promoters in the scrip,there won`t be supportive for the stock price at present..... Fall to 350 clearly visible in coming days.....

9.12 PM Feb 27th

ahmak

Platinum Member

39 Followers

utsi, yes I understand. Just wish us luck ! I don`t want this to become another jet where I don`t average at lower levels.

6.51 PM Feb 27th

utsi

Platinum Member

119 Followers

I have stopped tracking this just for the reason mentioned.

6.39 PM Feb 27th

ahmak

Platinum Member

39 Followers

utsi, last quarter also wasn`t good, if I`m correct . But I want to wait it out this time.

6.20 PM Feb 27th

utsi

Platinum Member

119 Followers

With ranbaxy it always happen one good quarter followed by bad quarter nothing new.let`s see if it`s able to hold above 390 nothing wrong otherwise spiral fall is expected which should take all the way below 380.let`s wait and watch from the sideline.

4.21 PM Feb 27th