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| Discuss IFCI's cousin,Nagarjuna fertilizer at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; nagar fert. looks like the new kid on the block for traders. it has broken ... |
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#1
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nagar fert. looks like the new kid on the block for traders. it has broken its 10 yr. high 0f 32 .
look what ifci has done since breaking its 10 yr. high of 24 is it another ifci in making |
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#2
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NFCL is a Commodity driven stock
Basically Fertilisers .. which always has high peak in January-February (Harvesting Period) This company has NOCL (Chemical and Petroleum) as a sister subsidy Moreover Kakinada has been in the news ... cos ONGC and reliance find a gr8 amount of petrol bed there and start its operation. http://www.dnaindia.com/report.asp?newsid=1116418 The byproduct of petroleum NAptha.. Is the core for Ferts...Cos this reduce the Transportation.. reducing their Oper-Cost. They said the are goin to clear their Debt in this year.. More positiv things to add up to its Fundamentals. Right now its driving in a good shape.. Can touch its peak in January-February (Monsoon was good in South States). Its better to grab these stocks as we have our harvest on Feburary.. ![]()
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#3
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all the fertiliser stocks have entered into overbought zones so NAGAR FERT. & CHAMBAL FERT. may start their fall today or maximum tomorrow, sell hem now and you would be able to buy them 10% cheaper within a week
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#4
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Quote:
How can u say that its goin to fall alot.. kindly put some valid points to it.. |
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#5
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Quote:
but yes if anyone one can hold these stocks for 3-4 months then no worries
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#6
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Thanks Prabhjee
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#7
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now have a look, nagarjuna and chambal are sinking
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#8
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prabhjee..
how long the fall will be.. do u have any Analysis upto which price limit NFCL is goin to fall |
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#9
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nfcl means???
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#10
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