Is This The End Of Ifci??

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  #1  
Old 15th October 2007, 08:07 PM
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rado is on a distinguished road
Question Is This The End Of Ifci??



Read this article:
http://www.moneycontrol.com/india/ne...e/19/55/308001

It is a dangerous kind of situation out there for IFCI, Kotak is gone, Newbridge is gone I do not know what Goldman is signaling.......

Members Please Comment on this.

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  #2  
Old 15th October 2007, 08:22 PM
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Default Re: Is This The End Of Ifci??

Hold for long term.

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  #3  
Old 15th October 2007, 08:50 PM
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Default Re: Is This The End Of Ifci??

Dont look at it until it crosses 110 levels, sell for now

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  #4  
Old 15th October 2007, 09:48 PM
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Default Re: Is This The End Of Ifci??

ifci has risen from rs 8 to three digits level.now naturally the expectations of the investors are high. it maybe going through some consolidation stage.

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  #5  
Old 16th October 2007, 12:50 PM
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Default Re: Is This The End Of Ifci??

Another negative sign:

IDFC Managing Director and CEO Rajiv Lall says that the stock has run up too fast in recent weeks....
http://www.moneycontrol.com/india/ne...h/12/30/308171

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  #6  
Old 16th October 2007, 01:11 PM
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Default Re: Is This The End Of Ifci??

Quote:
Originally Posted by rado View Post
Another negative sign:

IDFC Managing Director and CEO Rajiv Lall says that the stock has run up too fast in recent weeks....
http://www.moneycontrol.com/india/ne...h/12/30/308171
Inresting indeed, even after so many bad news IFCI was up 4% in the morning.

Cant take it out of my radar, will keep an eye once it able to take 110

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  #7  
Old 16th October 2007, 01:16 PM
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Default Re: Is This The End Of Ifci??

i think this is not the end of ifci. but if market corrects then it may come down to 70 level. i think this is the best level to re-invest/add postion on this stock.

remember, this is not a technical advice for buy/sell on this stock.

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