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| Discuss Facor Alloys and Himachal Futuristic at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Friends Can anysome shed some light of experience and knowledge regarding these two scripts ... |
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#1
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Hi Friends
Can anysome shed some light of experience and knowledge regarding these two scripts namely Facor Alloys and Himachal Futuristic? Himachal Futuristic Communications Ltd. (HFCL) is a B1 group security and losing volumes from November 2005 onwards. However, some significant volume is generated on NSE duirng the past week i.e. around 45 lacs. In addition to this, the support level has also been broken and the script traded at 18.00 rupee on 16th January 2005. At present the resistence level appears to be around 19.50 which unfortunately is my buying price of the script. Any insights or guidelines in this regard are most welcomed and needed. Similarly, Facor Alloys (Thank God, I do not hold stock of this script) has shown a steaky decline during this year 2006 and is also losing volumes. Are there any chances of this stock being rejuvenated as such the volumes are still high on this script. Thanks in advance Adult vish |
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#2
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Dear vish,
i do not know much about the outlook of the Himachal Ftr but there's a simple mantra that i personally follow, if the management of and the company has a shady character or the scrip is tainted then DO NOT TOUCH THE STOCK however luring tips you may get. And the company as far i know is the one which was involved in K10 scam and K10 confirmed news says Ketan parekh is still haunting the market albeit in surrogate names and entities. Thats my view which i wanted share with you Happy investing Regards vinay |
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#3
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Hello Dear Vinay
Thanks a lot Adultvish |
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