look there are three big volume sugar stock in indian market BAJAJHIND,BALRAMPURCHINI,RENUKA AND RENUKA IS BEST THIS POINT OF TIME BUT IF ANYBODY LOOK FOR BIG EPS EXPANSION THAN BAJAJHIND IS BEST AMONG THIS THREE HIGH VOLUME SUGAR STOCK
FROM TUESDAY THING BECOME NORMAL AND IS LIKELIY MILL START CRUSHING and on chart 196 is good support and 50day moving avg is at 200.5 ie it maintain 50DMA AND IN 15 DAY YOU WILL SEE LEVEL OF 275
ok, than you buy for your so called target, i suggest a entry point abt 180, i was not suggest any fak target, because there is resistance on 220-230.
any way if you want to buy than enter.
HDFC FUND MANAGER THINK LIKE COMMON PEOPLE ON STREET (2) 13-Feb-09 14:00 Track this thread Tracked by (0)
Posted by: abhaytiw on ( 13-Feb-09 14:00 )
Price : BSE: Rs 55.45 ( 4.82 % ), NSE: Rs. 52.95 ( 0.38 % )
I CAN BET WITH THEM THEY CAN LOSE BUY BIG MARGIN.i think they have to appoint new fund manager.their capicity utilise in imported raw sugar but i think next yearif economy recover then oil easily touch at least 70$abarrel that time rupee at around 42and bajajhind at least at 180 then they gooing to give buy call rubbish
how 14000cr come in news after demolishing FRP look like very good thing gooing to happen soon for UP AND OTHER STATE WHRE SAP EXIST ie now if state fail to pay than centre to pay MAY BE AS SUGAR BOND
not any scam but year long battle of sugar mill in supreme court is now possible that end with 14000cr sugar bond pay by central govt that what hintend in our agriculture minister 2 day back statement
NO ,IT LIKE THAT YEAR LONG BATTLE OF SUGAR MILL IS GOOING IN SUPREME COURT ON EXCESS PAY BY MILL DUE TO SAP NOW CENTRAL GOVT HAS INCREASED LEAVY TO 20% BUT NOT ABLE TO PUT FRP WHICH SUGAR COMPANY WANTED
BUT NOW OTHER THING GOOING TO HAPPEN INDICATED BY OUR AGRICULTURE MINISTER IN 2 DAY BACK STATEMENT THAT SUGAR MILL IS NOT IN FAVOUR OF FRP IE IN OTHER WORD CENTRAL GOVT END UP PAYING 14000CR AS SUGAR BOND MAY BE