i too agree with sonu11 and tradehawk. mills in the south are less volatile either in terms of politics or pricing. sakthi is discounted very less in the market on p/e ratio basis compared to dharani or dhampur for example. the next four or five quarters are going to be very good for the sugar mills and south based mills will reap in the malai. sugar, i feel, is on a roll and with prices going thru the roof the sugar companies will benefit. ethanol blending also has been made compulsory and will add a new dimension to the revenue model....

hi trade hawk, yes it will touch that level soon if it is close below 13 for now 3 days........ happy investing.....................

Ummeeeeeeeeed ki kiran abhi bhaki hai...

hi all, if vishal is not able to sustain level of 13 for few days then we can see again down fall upto 10.85 and then will review it again. happy investing.....................

I think it will create a new high again and again because of its attractive P/E ratio (4.09). ...

Hai Trade hawk Plz Dont mistake me I report so only becouse. I got this information from a stock expert working in a reputed agency. and he was purchasing the share in bulk in these days....

Pls check 12.11.09. I said this on 13.11.09 as yesterday....

Hi kinchit.. where is the next support for this stock? Do you think it will touch Rs.10.85 as per your previous preditction?

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I agree with sonu11.. Those invested in south sugar mills will reap bumper profits. Top picks are sakthi,renuka,dharani and ugar....

Ankit: Can you please explain me what is the relation between Vishal retail and vishal info?????? What is the logic between these two companies????????...

I think chota buffet might be right !! Looks like another trap is being made to move towards Rs.10/-. Lets watch in coming days. Whenever it has gone up if it did not sustained it had a greater fall !!...

Pls check 12.11.09. I said this on 13.11.09 as yesterday....

Dear friend heinikan... it touched Rs.340/- please check from your end one again....

Here is how it appeared in Businessline:


Vishal InformationTechnologies (Rs 12.5): This stock continues to be in a short and medium term down-trend. The fact that this stock has been declining steadily since this June while most of the other mid and small-cap stocks have been soaring skyward implies that the short-term outlook is extremely bleak and a decline to its all-time low of Rs 9 can not be ruled out. Investors are advised to switch out of this stock at this juncture.
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keep away from this blog. No great or unknown recommendations. His recommendations are available every where.Dont waste your money with these calls....