Home > Trading Ideas > Stock Watch- Nagarjuna Fertlizer

Stock Watch- Nagarjuna Fertlizer

Friday, November 16, 2007 Leave a comment Go to comments

In one of my earlier posts titled In search of IFCI , I had talked about two stocks- JP Hydro and Nagarjuna Fertilizer. JP was the first to move up but now Nagarjuna Fertilizer is showing strength and moving up to scale new highs. Keep an eye on this beauty in the coming times.This can give major surprises on the upside.

Advertisements
  1. Raj
    Saturday, November 17, 2007 at 5:06 pm

    Hi,
    Thanks for your comments. This leads to lot of confusion that any listed company can do this delisting without any information or leakage of news. Market was in amomentum of upside and people are bought the shares under the aim of making some bucks. Now, any one can have the doubt the reputed companies like this [essar steel] can follow this tactis and simply loot the public money. In my opinion if any delisting is planned it has to be announced well in advance. By the way I am not the loser in this. But this scene created a panic among the investors.

  2. sagecapital
    Saturday, November 17, 2007 at 4:53 pm

    My understanding is that they won’t be re listed again. I have heard that the promoters are going to pay 48 bucks for the stock. So those who bought at higher levels might have to sell to promoter at 48.
    Someone played a dirty game in jacking up the price by spreading a rumour that promoters shall pay more than 50 bucks.

  3. Raj
    Saturday, November 17, 2007 at 4:36 pm

    Hi,
    Let me have your opinion on essar steel. Let me have some information about Delisting. BSE Announsement was for 6 month delisting. It means that the shares will be listed again after 6 months? It will be helpful for all the readers. Thanks in advance for your reply.

  4. sagecapital
    Saturday, November 17, 2007 at 11:40 am

    Ashish -Look how investors’ greed has landed them into trouble in RPL.
    Wise are those who learn from others’ mistakes!

  5. ashish ji
    Saturday, November 17, 2007 at 10:57 am

    financial instutes started givin loan for IPOs with 17-18% intrest and people applying since almost all of IPOs giving good listing gains. Looks tempting for small poor investor, but GREEDINESS CAN cause downfell too …

    but sach boloon to mann kaafi karta hai ūüėČ hehe

  6. ashish ji
    Saturday, November 17, 2007 at 10:41 am

    SAGE>>>>>

    RELIANCE POWER IPO TO COME ON first week of DECEMBER … PEOPLE SAY BIGEST IPO EVER … CONSIDERN OVERSUBSCRIPTIN IN Current IPOs, do u FEEL lot of ppl will be CASHLESS wen IPO OF this comes? small RETAILER can MAKE big monEY IF THEY HAVE GOOD CASH ritee?

    “AMBANI” magic will WORK AGAINN?>>

    ALso, will rest OF POWER SECTOR stocks will ride another IPO wave?

    ur TAKE? tata!

  7. sagecapital
    Friday, November 16, 2007 at 10:06 pm

    We did enter for short term trades after it crossed 67-70 levels.
    The stock can touch 100 in the coming week if momentum stays intact.

  8. Friday, November 16, 2007 at 9:50 pm

    hi sage,
    can we enter nag fert at this juncture.if yes what are ur likely targets with a 6 months time frame or can u suggest something which will give 50 percent returns in 6 months
    regds rashmi

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: