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Rajshree Sugars

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  #1  
Old 30th July 2004, 10:15 AM
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Default Rajshree Sugars

Rajshree Sugars - consolidating for an uptrend ?

Have a sweet tooth? (don't we all)

Check out the attached chart!
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File Type: gif rajshree20040730.gif (18.0 KB, 73 views)

Last edited by TradersEdge; 30th July 2004 at 10:27 AM.
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  #2  
Old 1st August 2004, 03:40 PM
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Default Re: Rajshree Sugars

Excellent call TradersEdge,

You have an uncanny ability to pick out the diamonds from the dust.

I must congratulate you on this recommendation, as I am sitting on a profit.

Keep it up!!
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  #3  
Old 1st August 2004, 03:54 PM
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Default Re: Rajshree Sugars

Thank you Neal,

It is always good to get feedback from active participants of this forum.

Speaking of sugar stocks here is another one to BUY/ADD:

Dhampur Sugar

I will try to post my analysis if I am able to do so.
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  #4  
Old 2nd August 2004, 10:59 AM
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Default Re: Rajshree Sugars

great tip missed it though ,new to this portal shall take the tip in future
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Old 2nd August 2004, 02:01 PM
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Default Re: Rajshree Sugars

You can always buy on a pullback or correction!
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Old 2nd August 2004, 03:39 PM
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Default Re: Rajshree Sugars

any other stocks worth purchasing or shall i wait for a correction in the market ?? ur expert advice would be appreciated
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Old 2nd August 2004, 03:51 PM
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Default Re: Rajshree Sugars

I like:

Dhampur Sugar
NELCO
Centry Enka

Check them out and maybe some members can post their comments on them both fundamentally and technically.
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Old 2nd August 2004, 09:29 PM
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Question Re: Rajshree Sugars

Traderji,

Want to clarify a doubt; you recommended Nelco. However, 13 day MA has crossed on downside to 3 day MA which would suggest bearishness. Please guide.

Thanks,

Vipul
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  #9  
Old 3rd August 2004, 07:35 AM
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Default Re: Rajshree Sugars

If you are referring to the 3X13=34 moving average system, the 3 MA crossing the 13 MA is a bullish BUY signal and not a bearish signal, so the signal is correct. Please read the article on this trading system again.

However you can further BUY/ADD NELCO on a close above 37.20 with a stoploss at 32.50
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Old 4th August 2004, 02:13 PM
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Default Re: Rajshree Sugars

Thanks TradersEdge for your call on Rajshree Sugars!

I will keep a watch on the other scripts like:

Dhampur Sugar
NELCO
Centry Enka

Last edited by arun; 4th August 2004 at 03:15 PM.
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