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Balaji Amines Ltd. (530999)

Discuss Balaji Amines Ltd. (530999) at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi Seniors... Can you help me by giving your comments on this company. Mainak...


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  #1  
Old 20th August 2006, 03:29 PM
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Default Balaji Amines Ltd. (530999)

hi Seniors...

Can you help me by giving your comments on this company.

Mainak
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Old 20th August 2006, 10:32 PM
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Default Re: Balaji Amines Ltd. (530999)

Quote:
Originally Posted by mainak View Post
hi Seniors...

Can you help me by giving your comments on this company.

Mainak
Look at the volumes, it has shown a breakout on 14th August and since then moving up. But, the stock trades at very low volumes and that means it is basically illiquid. If prices fall, you could be left holding your shares with no exit route as buyers will dry up. Please keep this in mind before taking your decision.
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Old 20th August 2006, 10:52 PM
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Default Re: Balaji Amines Ltd. (530999)

You may buy this at stock @250/255 with 3 month price target 340 and long term (6 to 9 month)560.Folling veg cut. But still some resi around 290.
Jay

Last edited by jaykiru; 22nd June 2008 at 01:18 PM.
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Old 20th August 2006, 10:56 PM
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Default Re: Balaji Amines Ltd. (530999)

Quote:
Originally Posted by jaykiru View Post
You may buy this at stock @250/255 with 3 month price target 340 and long term (6 to 9 month)560.Folling veg cut. But still some resi around 290.
Jay
How about also posting the financials so that one can confirm your predictions?
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