AS A TRUE LEADER, THE TARGETS WILL BE ALWAYS KEPT A BIT HIGHER. THIS COMPANY IS DOING THE SAME. MAYBE Q2 WILL GIVE THE CUE.
BASED ON THE FUTURE CLOUD BEARISH APPEARANCE, THE PRICE MAY REACH 7.6 IN THE COMING WEEKS. AS FAR AS MY UNDERSTANDING ON CO'S FUNDAMENTALS, ONLY UPWARD PRICE TARIFF REVISION CAN MOTIVATE THIS STOCK. ALL OTHER POSITIVE FACTORS SEEM TO BE DISCOUNTED AT THE CURRENT PRICE INCLUDING FAVORABLE AGR VERDICT, PROMOTERS BRINGING ADDL. FUNDS.
MULTIFOLD INCREASE IN NP. PRICE SHOULD TOUCH 1000 EASILY.
RCOM SPECTRUM SHARING AND CLARITY SOUGHT BY THE APEX COURT MAY CREATE CONFUSION.
Q1 2020, results Financials Q1 FY2020-21 Q1 FY2019-20 % Change Total Income ₹ 2403.30 crs ₹ 2324.54 crs Up Tick 3.39% Net Profit ₹ 254.04 crs ₹ 109.28 crs Up Tick 132.47% EPS ₹ 9 ₹ 3.87 Up Tick 132.56%. THE FACTOR FOR 3% INCREASE IN TOP LINE IS NOT SO GOOD. BUT, THE PANDEMIC SITUATION SALES ARE GOOD. Q2...
I WOULD ANALYSE THE FORMATION LIKE THIS. ANY OTHER VIEWS ARE WELCOME. LET US LEARN.
PLEASE SEE THE CHART FOR COMMENT.
STOP LOSS MAY BE KEPT AT THE HORIZONTAL BLUE LINE.
MAY BE SHORT COVERING OR OTHER REASONS UNKNOWN TO ME. PLEASE SHARE / COMMENT, SUCH THAT ONE MAY HAVE CONFIDENCE.
TREND LINE SHOWS THAT SUPPORT MAY BE BREACHED FOR A BRIEF TIME.
PLEASE SEE THE POST OF YESTERDAY (RED-GREEN CANDLE COMBINATION). IT SEEMS TO BE BEING FOLLOWED. PLEASE COMMENT.
SHORT TERM, BUT PROMISES 8-10% APPRECIATION. PLACE PROPER STOP LOSS.
Accumulation being seen in the charts. Risk is less compared to the rewards.
SEE MY EARLIER POSTS RECOMMENDED.
AT 351 PROPOSED QIP , WHAT COULD BE THE PRICE MOVEMENT DIRECTION? AS SEEN FROM THE CHARTS, RED CANDLE (MAY BE).
According to reports, on Thursday sugar prices rallied sharply with New York sugar at a new 5-month high on the outlook for a global sugar deficit. Reduced sugar output in Thailand and Europe is likely to push the global 2020/21 sugar market into a deficit of -1.3 MMT. Thanks to the person who had posted this valuable info.