shaqqs
Long

Energy is a stock to keep a Eye on !

BSE:ENERGYDEV   ENERGY DEVELOPMENT COMPANY LTD
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I am 50-50 on this one but waiting for few days to call it a confirm BUll. Fall has stopped almost.

Lets keep an shall we !!
bt promoters hv halved the holding
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shaqqs sskkpp007
@sskkpp007, My assessment is purely based on charts, when did the promoter halved the stake !! The charts always factor the worst and best , there dont lie ! Even if someone is dumping in hiding there changes with be notice on the charts but scope of manipulation is always there. What i am saying is, even if promoter sold the stake, may be the worst is over.

Secondly, a 5-10% gain on such script is less about the underling valve and more about oversold and overbought , demand and supply, etc
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