Balrampur Chini (Chart enclosed)

Hi friends,
I think balrampur chini is in uptrend (see attached image). What are your views, and targets.
reg
AK

I is completing 4th wave. It will go down for fifth wave.

hi,
can you post an updated chart please as i dont have my data updated yet..chart looks extremely good,on the down side that is,the stop would be 63...looks like its in a hurry to outperform the markets on the downside as well.
all the best.

Hi, updated chart upto yesterday (13th)
reg
ashutosh

Well i have very little knowledge of EW but my view of Balarampur with EW spectacles is plz keep a watch on this chart becoz this may turn out to be a classical case of 'Failure 5th Down'.
It may come down (but as per the rules of EW ,that it will surpass the earlier 3rd's Low),in this case it may not surpass the earlier 3rd's low,though there is a Risk of my view going Wrong,becoz we are talking of some event which is going to occur some time after several weeks.
Plz track this to find out Why EWT is better not to depend upon.

By the way I am long on Balrampur Chini

http://www.traderji.com/equities/26524-lets-beat-bear-2.html#post276970

hi,sugar stocks are buzzing.balrampurch & RENUKA are best pick.