IFCI's cousin,Nagarjuna fertilizer

#21
Hello friends ,

This is my debut mail . I seek your advice . I bought 1000 IFCI @ 66 Rs.
It has gone down . Should I exit or hold on . ?

Rgds
Santee72
 

Prabhjeet

Well-Known Member
#23
Hello friends ,

This is my debut mail . I seek your advice . I bought 1000 IFCI @ 66 Rs.
It has gone down . Should I exit or hold on . ?

Rgds
Santee72
hi, frnds,
i bought nagarj @36, i want to know whether it goes up or
any correction left
keep on holding ifci as it will start rising sharply without anybody even anticipating it. bull run for ifci will continue till there is bull run in indian markets
nagarjuna will retest its 25-26 support in month or 2 but right now stock is among strongest in market
 
#26
Any basis for projecting Rs 200 price ? Have you see latest annual report of Nagarjuna which came yesterday ? Nothing exciting. Profitability reduced, no great projections. As of now I think this script is in hands of operators and once they book profits it will come down to 23 - 25 levels.
 
#28
Any basis for projecting Rs 200 price ? Have you see latest annual report of Nagarjuna which came yesterday ? Nothing exciting. Profitability reduced, no great projections. As of now I think this script is in hands of operators and once they book profits it will come down to 23 - 25 levels.
the only basis might be cheap availability of natural gas and reumar that reliance looking to increase stake in nagarjuna, there seems some serious buying, may be handywork of operators.
 

Prabhjeet

Well-Known Member
#29
Hi guys
Nagarjuna fertiliser has moved again into a very highly overbought terittory.
i advise investors to stay away from it right now as it may face a huge selling pressure in next two trading session.

REGARDS