Yes something cooking . Just not able to figure out.... inspite of positive developments it is bucking the trend. May be a deliberate attempt by vested interest.

Nfcl is an oversold stock and the charts are looking bearish. Couple of days back buy signnal was generated in ForceIndex chart. Today it has disappeared.... a manufactured ploy so that tired investors may sellthe stock . But RSI has given a buy signal. Some hope. The smart guys take this market downtrend to depress the price so that they can pick up.

There is some postivie movement in Oct futures. If all goes well nfcl should see 48 -50 in near term. As I said earlier my views are positively biased as I am holding the stock and do trade.


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Dear Sharmaji
Some long term investors I know have lost heavily in the stock market. Their capitals have been eroded nearly 100-200 percent. They lament..... Had they lodged their funds in fixed deposits they would have been happier lot.

The growth story of India is intact and will certainly make new developments etc. But the stock market has been way ahead of this growth and retreats inadvertantly.

The momentum stocks like Nagarjuna, ifci, ispat etc have given good bank balances for short term investors and traders.

Sometimes back some analysts were talking about 700 target for ifci and so on. Lured by high figures long term investors jump into the market to try their luck and get stuck. It is not to say the targets can not be achieved. May or may not.

As some one said stock market is not for all. SAIL was written off. Whoever thought SAIL ..once upon a time 6 made it to 250 or so.

Hfcl .. once upon a time ruling around 2500.. and even some brokers have given their analysis and recommendations to buy with targets of 3000 etc. Now it trades around 15.

Mangalm Timber a Birla co ... also has same story.

The other day I read in MC that Reliance and L&T are just worth at 600 or so and dont deserve such high valuations. Any way each analyst has his own reasons and views.

Gone were the days where one can acquire Nag,ifci and ispat etc around 10 and wait for appreciation. I think they have reached their bottom levels and any surge upwards totally dependent on great thrust in the market. The propulsion will be by the smart players .

Just want to share my thoughts. No contradictions with your views.


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Rightly said.
I am not aware of Nfcl making any profit and paying atleast min 1% dividend. Govt will certainly not allow fertiliser industry free play in pricing mechanism. Meanwhile if imports from china become cheaper, the industy will have to face the music.

Yet in short term technical targets can be acihieved.

I hold and trade

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dear DN007
It appears no strength for nfcl to make advances. Friday move was a just panic coverup and went along with the market. Short term players just unload to bring down the price. Otherwise there are signs of up move in short and medium term. Once the informed buyin starts smart traders buy aggressively and the stock surges.


My cotrarian view - signs of weakness in the stock is the begining of the strength. May be my views are biased as I am holding the stock. Yet my gutt feeling is that nfcl will fly before one realises and use the surge to book your profits.

Drip irrigation is in. Fertisers will be in demand. Nfcl may declare an interim ( a wishful thought ). Then it may see 60 levels ( a hope ).


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It can be taken this way also. Due to no rains , more fertilisers required for growth of the crop. Your target of 30 pains me as I am holding the stock.Any way rains are just below normal throughout the country. More food is required in the world at present.

All momentum stocks have little rollovers baring ifci (this time)from the last month series. The OI will shoot up suddenly from couple of days hence. Een in a good market like this Nagarjuna is not doing well. Like ifci and essaroil it may spring a surprise.
This is for those holding and desire to have quick profit.

Target may be around 50 -55. At the height of bull market it made a high of 85 or so ... a 4 to 500 percent jump from its lows. Ofcourse once Reliance sets in there is some higher target hopes. As such Reliance also languishing at half of its peak.

One should not dream of 3 or 4 times from their investment as it is a momentum stock and no strength in it. No dividend history. Unless Govt gives great subsdies to reduce the parity with international pricing, the future is bleak.

A shift to SesaGoa after booking some profits in Nagarfert may be a good idea.

Sept and Oct should see Nfcl gain the lost ground with premium

I hold and trade


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Of the three scrips ifci. essaroil and Nagarjuna fertilissers
essar oil charts looking better. The sell volumes were nothing to write about since the first week of Agusst. A good opportunity to enter the stock around 200 if one can catch it.

I dont hold the stock


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IFCI ESSAROIL AND NAGARJUN - charts of essaroil are looking better for investment than ifci and Nag. After the first week surge with great volumes , the sell off in the stock was with little volumes since first week of august.

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before jan 21 st every thing appeared rosy =============two slaps =============that\\`s all ======== kg basin at the threshold ==============sub amount in cash ===============cuddalore in 2.5 months =======previously every thing on paper ==========but now on ground =============donot purchase because others are purchasing ===========donot sell because others are selling =========see the steam ==============happy investing...

Nagarjuna Fert will touch Rs. 41-43 in next two to three days, next targate Rs. 48-51 if marrket rallies with good global cues. so one can hold or buy this stock. ...

One should enter essar oil in the range of 175 to 180 only, because OIL might not be going up, !!! But If one takes 6 months view they can start building up at around 180 levels, for a 245 target....

INFORMATION TO ALL INVESTERS This is some people to game with more , poor investers money loose too much, so Please dont affreid the price is going down of Naga , this is to be recome again, if dont sell any share then how can they buying so dont sell one share , keep it up...

Technically it is showing weakness.. a right time to grab. One interesting fact is that the longterm mving averages in GMMA are beautifully converging moderately turning up where as short term MAs are converging with slightly downward momentum .... short term traders are selling and as it appears when the price fall it is getting picked up by LT players. Volumes are nothing to write about. No heavy selling. Insider news posted by a guest may be true . In sm all projections have tendency to go wrong. I hold nagarjuna and trade ad...

Hi All, Nagarjuna all set to explode. Don\\`t miss the opportunity. Grab your position and tighten your seat belt. Nagarjuna going to zoommmmmmmmmm...

it will godown 37 Rs and then it will move forward this is right time to sell once it will reach 37 take 2 lots this is a right time to sell all people are buying so it will godown bse manupulation so you can sell now then only you get money other wise you will be loser........