Sunday, May 9, 2010

Sugar stock

Indian stock market is coming up these day's and will continue doing like it as sugar sector is down by more than 50% in last 2 month so my strategy is to put your money on good sugar sector company like Balrampur chinni right now you can do one thing the amount which you are interested to put in Balrampur chinni you can put 50% of money on stock(BC) as stock is at Rs72

Now two condition comes here

1. If stock go down more from here,so

If stock will decrease by 10% more purchase remaining 10% means @ Rs65 if it furthe go down by 10% then purchase remaining 5% @ Rs 58 now it seems it will continue it's down trend so as of now you will be having your 65% stock of Balrampur chini what you are expected to purchase if from here stock will come @ Rs 50 purchase remaining 10% now wait for some time if stock will go down and come @ Rs35 purchase the remaining 25% and wait for 1 year.

2. If stock will go up from here,so
If stock will increase by 10% more purchase more 10% @ Rs78 if it further increase from here more 5% purchase remaining 20% @ Rs82 it seems here stock is going in uptrend if it
cross 85 purchase remaining 25%.

My expectation is that stock will come around Rs120 in next one year from here means in june 2011 if it follow 2 condition but if it will be following the 1st one it will come around Rs80 let see what gonna happen how muck my prediction will come upto.

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