Andhra Sugars

[creameeee]

The Stock Has Finally Started Upmove Just As Yet.i Bleive This Stock Has Much More Value Than Any Other Sugar Counter As It Is Well Diversified Into Chemical Business.the Mgt Is Quite Good
Cmp -123
Tgt- 180/200
Time Horizon - 6 Mts
I Hope U Take Up This Safe Play At Current Prices.it Has Not Run Unlike Other Sugar Stocks.so Jump Bfore Others Do.

 

[Saint]

very nice...looking good.Great calls,creameeee.....keep em coming!

Happy Trading
Saint

 

[jerakru]

I agree with you creameee, but there is a resistance at 130. Its playing between 115-130 for few months. once it crosses 130 , 155 can be next target. thanks

 

[roneeth]

Hello!
Any calls for the intraday?

Thanks
Roneeth

 

[jerakru]

have resistances at 130 and 155 for short term. so play between 115-130 if it crosses till 155.

 

[creameeee]

Thanks For Ur Extra Inputs Friends.it Is Good Thatfundamentals R Supplemented By Technicals

 

[srisara]

To All

RSI for AndhraSugars shows around 70 which is nearly OverBought. your comments on this please....

Satya

 

[creameeee]

1 Technical Indicator Taken Singly May Any Time Give A Buy - Sell Signal For 2 To 3 Days .but That May B Highly Misleading.so Take 2 Or Three Indicators.again Fundamentals Can Any Time Override Technicals.take A Look At Rsi Of Titan Or Vsnl

 

[srisara]

thanks creamee.. for clearing the doubts..

 

[creameeee]

The Stock Has Finally Broken Out Of Range.it Is Trading Around 140.so Hope My Friends Here Wud Have Made Profit.i M Quite Positive On Sugar Sector.so I Wud Still Recommend To Remain In This Stock.my Other Favs In Sugar Sectors Are Balrampur Chini {tgt-94} Bajaj Hindustan {tgt-195} Upper Ganges {tgt-340}