Rocky_Chow

Sarda Energy and Minerals, potential to go from mid to large cap

Long
NSE:SARDAEN   SARDA ENERGY & MIN
A growth oriented company having coal & iron ore mines and ferro alloys mfg. plant focused on value added products like sponge iron, steel billets, wire rod and h.b. wire and thermal & hydro power generation plants..

Increasing its mining capacities in both coal and iron ore
Increasing its wire rod & hb wire capacities
Increasing its power generation capacities
Increasing its ferro alloy production capacities

holding for long term, 12 months or so, may make sense here.. as long as it remains in the parallel channel... price at the middle of the bollinger band with the possibilty of visiting the lower end.. quarterly results this friday

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