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Steel Authority of India
Hold SAIL; target Rs 110: KRChoksey
Posted by :
treasureddhanTracked by: 0 Boarder
KRCHOKsey would have got struck in large volume as 110 or would have bought heavy 110 call at Rs5, hence the recommendation. IDIOT OF research team and their view. This sort of analyst should be shot for such bad recommendation...
In reply to:
Hold SAIL; target Rs 110: KRChoksey
Posted by :
Varner
Buy on dips and start accumulating im small lots.
Todays CALL is SAIL
Posted by :
treasureddhanTracked by: 0 Boarder
My target almost near. I am sure this will tank to 52.40 in two trading session. Buy 50 put . EVen if the import duty is imposed, this stock will tank along with market due to overall global clues, which is not healthy. Till such time BUSH is there in the seat the Dow will not recover. Can expect good bounce back only after Jan20
BUSH is in his cleaning operation, he has to shelf so many things under the carpet before he quits. Sail will reverse only at 32.40...
In reply to:
Todays CALL is SAIL
Posted by :
a_senthil_pvi
Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen...
Todays CALL is SAIL
Posted by :
ArunadTracked by: 0 Boarder
Positive is only 10% expected import duty on steel, which may just stop downtrend in price of few of products temperorily. But its not going to be beneficial to Sail in long term. What sail requires is cut down in freight rates by railways, reduction in coal price by coal india, shipping freight reduction by shipping corporation, Stopping of all expansion plans announced by Minister and Sail chaiman. Otherwise Rourkela plant is alredy cutting production by 50% and Durgapur is expected to cut by 30%.Exports have already been down to ulmost nil.Than from where Sail is going to earn expected profits.Better exit and reenter around 30....
In reply to:
Todays CALL is SAIL
Posted by :
a_senthil_pvi
Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen...
Todays CALL is SAIL
Posted by :
a_senthil_pviTracked by: 0 Boarder
Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen......
In reply to:
Todays CALL is SAIL
Posted by :
treasureddhan
Market went down and it will go down down in yet another couple of days. Sell Steel, IT Sector and finance sector. Sail can go below 58.40 today, and break below that level can see the stock touching Rs 43.10
Todays CALL is SAIL
Posted by :
treasureddhanTracked by: 0 Boarder
Market went down and it will go down down in yet another couple of days. Sell Steel, IT Sector and finance sector. Sail can go below 58.40 today, and break below that level can see the stock touching Rs 43.10
...
In reply to:
Todays CALL is SAIL
Posted by :
mukut
Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut.
Sail down target=65....
Posted by :
marketmanTracked by: 0 Boarder
The target of 65 is very well achieved.......
In reply to:
Sail down target=65....
Posted by :
HK65
I think it is over-blown, like a bubble... on LME steel billet is up 60% in just a couple of days.. from 250 to 400... enjoy talks of steel selling below its production cost and doomsday hawkers..
Human civilisation will be in very much need of this commodity rather the commodity needs any ..as long as world drives, cooks, builds, moves, rights, rests on steel products... no need to hear such blah blah... this is the right time to buy steel stocks when nobody wants it...
book profits on shorts
Posted by :
marketbearTracked by: 0 Boarder
Traders who have gone short on SAIL at level of 87 can book profits on shorts at current levels fully. Do not carry forward any short positions in SAIL and Tata Steel...
Hold SAIL; target Rs 110: KRChoksey
Posted by :
VarnerTracked by: 0 Boarder
Buy on dips and start accumulating im small lots....
In reply to:
Hold SAIL; target Rs 110: KRChoksey
Posted by :
just a trader
Hai KRChoksey,
what happend for Sail. now sail to start coming down.
Hold SAIL; target Rs 110: KRChoksey
Posted by :
just a traderTracked by: 0 Boarder
Hai KRChoksey,
what happend for Sail. now sail to start coming down....
In reply to:
Hold SAIL; target Rs 110: KRChoksey
Posted by :
MMB Messenger
KRChoksey Research has recommended a hold rating on Steel Authority of India, with price target of Rs 110. Net sales increased 34% Y-o-Y to Rs 12,238.59 Crore in Q2FY09 but volume growth declined by 16.1%
Hold SAIL; target Rs 110: KRChoksey
Posted by :
MMB MessengerTracked by: 0 Boarder
KRChoksey Research has recommended a hold rating on Steel Authority of India, with price target of Rs 110. Net sales increased 34% Y-o-Y to Rs 12,238.59 Crore in Q2FY09 but volume growth declined by 16.1%...
Todays CALL is SAIL
Posted by :
KARUNASTracked by: 0 Boarder
RBI has to act fast enough to put some resistance in its downward journey. Nothing substantial is expected from G-20....
In reply to:
Todays CALL is SAIL
Posted by :
mukut
Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut.
SAIL may have to perform an obligation
Posted by :
GuestTracked by: 0 Boarder
It is learnt that all PSUs where Govt. has got major share holding, to consider to strengthen the coffers by declaring an interim dividend for March`09.
As the Govt wants to get as much Cash inflow as possible to tide over the various financial commitments before presenting the budget for the next year, and during the tenure of office, all PSUs may declare the maximum as interim dividend.
Investors may not be troubled to consider a final dividend payout at the AGM in June`09. Please expect the board meetings and announcements for the record dates to follow shortly.
sl...
Todays CALL is SAIL
Posted by :
mukutTracked by: 0 Boarder
Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut....
In reply to:
Todays CALL is SAIL
Posted by :
treasureddhan
Those who are long better square up, monday market is going to be very very weak
Todays CALL is SAIL
Posted by :
treasureddhanTracked by: 0 Boarder
Those who are long better square up, monday market is going to be very very weak...
In reply to:
Todays CALL is SAIL
Posted by :
treasureddhan
Today`s movement in the market is dubious. Trying to trap all those who are in long position. Monday Market is certainly go to tank deep
Todays CALL is SAIL
Posted by :
treasureddhanTracked by: 0 Boarder
Today`s movement in the market is dubious. Trying to trap all those who are in long position. Monday Market is certainly go to tank deep...
In reply to:
Todays CALL is SAIL
Posted by :
treasureddhan
will sail breach 52 weeks low today? I keep my fingures crossed
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