Nagarjuna Fertilisers and Chemicals

TARGET RS 55

Posted by : Guest

dear guest
oct fno is at 43.90. if I buy ...expiryis in oct . should i square off before oct end? how much margin money etc. tell me the procedure. thanku

TARGET RS 55

Posted by : Guest

Buy one more it will reach 50Rs with in a couple of weeks. this is right time to buy .. Buy Oct F&O you will get more money ..Govt will give lot of soaps on fert... Grab money this is right time

TARGET RS 55

Posted by : 54543532

i have bought 1 lot of nagarjuna fert @ 42.55 today.....

TARGET RS 55

Posted by : 300567

buy if available at rs 40

TARGET RS 55

Posted by : Adwaith

Thanks for your msg. I will hold on to it based on your recs. Otherwise I would be trading for a marginal profit.


ad

TARGET RS 55

Posted by : 300567

SURE TO ACHIEVE IT IN NEXT SOME DAYS

Nagarjuna fert Target 50 next week

Posted by : jaiii

I have read that in many places. The one I remember is today's Deccan Chronicle. Page 15 DC - CHENNAI


INDIA’S UREA subsidy bill may decline by as much as 43 per cent in the next four years on the back of a likely fall in the fertiliser prices by a whopping $300 in international markets, a report says. Urea prices are expected to decline to around $400 per tonne by 2012 in sync with a fall in crude oil prices, a report by credit rating agency Crisil stated. Currently, urea trades at over $700 per tonne in international markets, it adds. So, any fall in prices in global markets is likely to reduce the country’s import bill. In 2007-08, India imported about nine million tons of urea, which at current prices work out to a subsidy


It states that Subsidy may fall by 43 %. In that case is it beneficial to the manufacturer. I know it should be a head blow for the dealers who stock the fertiliser and increase the price.

Thanks.

Nagarjuna fert Target 50 next week

Posted by : jaiii

Also Do you say that "fertiliser prices are cheap"or "fertiliser stocks are available cheap". Please clarify.

Thanks.

Nagarjuna fert Target 50 next week

Posted by : Adwaith

Dear Jaiii

Sir
Can you give links about worldwide analysts .. for the sake of boarders please post the analysts recs.
Suppose they are right... our fertiliser prices are in wide parity with the international ones. Infact the fall in international market may rise fertiliser prices available dead cheap here . Nagfert has completed 3rd wave technically and poised for upmove. As of now (today technicals) the fertiliser sector has turned around showing signs of surge... ofcourse it may be one of the tricks played by bear cartel and bears are confused and frightened as I see, bull cartel appears to be ready to pick up the stock whenever it is down. Till now it is swinging with the market adding more of OI.. by afternoon I think a 8 - 9 % surge can not be ruled out.

I hold and trade


ad

Nagarjuna fert Target 50 next week

Posted by : Adwaith

Dear Jaiii

Sir
Can you give links about worldwide analysts .. for the sake of boarders please post the analysts recs.
Suppose they are right... our fertiliser prices are in wide parity with the international ones. Infact the fall in international market may rise fertiliser prices available dead cheap here . Nagfert has completed 3rd wave technically and poised for upmove. As of now (today technicals) the fertiliser sector has turned around showing signs of surge... ofcourse it may be one of the tricks played by bear cartel and bears are confused and frightened as I see, bull cartel appears to be ready to pick up the stock whenever it is down. Till now it is swinging with the market adding more of OI.. by afternoon I think a 8 - 9 % surge can not be ruled out.

I hold and trade


ad