Re: [sharetrading] Nifty

 

indeed a very good time after such correction of 5-10%.

 

remeber 1 thing, no corporate house ever keeps inclining costs onto them .they eventualy pass it on to the consumer in the form of increased prices

so if sugar mills have to pay high cost for sugarcane , they will charge consumers more and all in all there profit will more or less remains the same or infact increases , because u will not stop consuming sugar if it soars to 50 rs a kg also.

 

its an essential commodity, will always find buyers more than its supply.

 

happy investing

 

(avoid bajaj hindusthan  go for balrampur or shree renuka)

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From: Ranjit Sb <ranjitsb@ymail.com>
To: sharetrading@yahoogroups.com
Sent: Sat, 21 November, 2009 8:05:06 PM
Subject: Re: [sharetrading] Nifty

 

Whether this is the time to buy SUGAR stocks or wait ? Thanks and Regards, Ranjit --- On Sat, 21/11/09, abrahamputh <abrahamap@airtelmai l.in> wrote: From: abrahamputh <abrahamap@airtelmai l.in> Subject: [sharetrading] Nifty To: sharetrading@ yahoogroups. com Date: Saturday, 21 November, 2009, 5:50 AM   Markets have sliced through the resistance.So one may hold with 5010 as a SL for near term. Market is in a phase of oscillation. hence one should have deeper SL or else, it could get trigerred. If market rises above 5075, then it could go further up, With near low as SL hold. Abe

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