Srf

[Aryan62]

Dear friends

Greetings!! I have joined this forum on recommendations of Sagi, I have great regards for him. I have SRF 2000 shares at price of 255 and I am holding it for past 18 months now, It took me great courage to hold the shares when it went all the way down to 110, Sagi and other learned boarders can please advise me about the same, what are their views about SRF and how does scrip appear both on fundamental and technical basis. I would like all to join in their views about this company.


regards


Aryan

 

[Aryan62]

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[Aryan62]

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[sagi.thediceman]

Hi Aryan , refernce to your query on SRF,

I have to state the following:

The stock has broken out on end june and then after touching abot 182 is falling back. I expect the stock to fall 169/165 level .

It will consolidate there and after that an upward movement could start. In that case it is expected to touch 189 by first week of august; and 230 about the second week of september.

In such cases , like this , ur money remains non productive for a long time.

Normally , I would quit such stocks , and find an out performer.

u may perhaps switch over to kalpataru power for a target of 1612/1670 by last week of september.

That would not only wipe out ur losses , but also give u some profit

I suggest an entry into Kalpataru between 1485 and the CMP

sagi

 

[myth]

What is the intraday view on SRF?