JSW Steel

JSW

Posted by : shareking.co.in
Price when posted : BSE: Rs 957.85 ( -0.16 % ), NSE: Rs. 958.85 ( 0.00 % )

Keep your eyes on JSW Steel and Bhushan Steel............all steel stocks
Try to Pick STEEL STOCKS at it`s bottom prices on 20th Nov 2009 (Market will be Highly Volatile).

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whether to buy JSW at 1007 or sale at 1007,

Posted by : dipakgod
Price when posted : BSE: Rs 957.85 ( -0.16 % ), NSE: Rs. 958.85 ( 0.00 % )

i think this stock is rally up to 6 times from lows, than profit booking is good statagy, if you are n loss than hold with stop loss 950,...

jfe steel aquires 10% stake

Posted by : tara23
Price when posted : BSE: Rs 957.85 ( -0.16 % ), NSE: Rs. 958.85 ( 0.00 % )

buy on tumour and sell on health... is the new strategy...

jfe steel aquires 10% stake

Posted by : Chander55
Price when posted : BSE: Rs 957.85 ( -0.16 % ), NSE: Rs. 958.85 ( 0.00 % )

They say "Buy the rumor and sell the news".
This is what seems to have happened here.
Perhaps it will consolidate at these levels for some time....

jfe steel aquires 10% stake

Posted by : tara23
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

today itself it fizzled out in the end.. will it continue? tomorrow...

jfe steel aquires 10% stake

Posted by : VCS1980
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

BUY BUY BUY !!!!!!!!!!!!!!!

Tommorrow target for this stock is 1100, hurry and buy, the news seems to be genuine...

jfe steel aquires 10% stake

Posted by : tara23
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

yes you are right, hence there is a chance of cool off... from here on...

Japan steel Gaint JV with JSW Steel

Posted by : rvk41
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

JFE Steel, the world’s sixth-largest steelmaker, and India’s JSW Steel agreed a production tie-up and may take stakes in each other, giving the Japanese firm a foothold in India’s growing market.

JFE, a unit of JFE Holdings, and JSW, India’s third-biggest steelmaker, said they would make auto-grade steel in India and work towards jointly sourcing raw materials and producing other grades of steel.

JFE may also invest in JSW’s mill in West Bengal state that had been put on hold due to funding problems.

“Many Japanese firms have no choice but to seek partnerships with companies in India and China to survive, due in part to currency problems,” said Tomomi Yamashita, fund manager at Shinkin Asset Management in Tokyo. “The pact is good for JFE, though there will be no immediate impact on earnings.”

JFE said the deal would make it easier and cheaper to supply locally-based car makers, such as Suzuki Motor Corp, which owns a majority of India’s leading car maker, Maruti Suzuki

For information,with regards
rvk41...

Heading

Posted by : trulyfair
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

Oh great - thanks. What do you see as a decent target for JSW steel and holdings?...

jfe steel aquires 10% stake

Posted by : parvinderchawla
Price when posted : BSE: Rs 959.35 ( -0.65 % ), NSE: Rs. 958.85 ( -0.68 % )

jfe steel aquires 10% stake in jsw steel..around1000..this is second japanese who is picking stake in indian company in last 1 yr..earlier it was ranbaxy where japanese baught at 737 and stock crashed to around 200..hope japanese this time dont get bitter taste of indian curry...remember this stock has doubled in just 1 months time...

NO NEED TO PANIC

Posted by : mitulchoksey
Price when posted : BSE: Rs 972.90 ( 0.75 % ), NSE: Rs. 973.45 ( 0.83 % )

NO NEED TO PANIC guys its jst a small correction after such gr8 news jst w8 nd watch it will soar new heights..........so dnt panic nd hold ur investment......

JSW Steel to sell 10% stake

Posted by : Guest
Price when posted : BSE: Rs 973.80 ( 0.84 % ), NSE: Rs. 973.45 ( 0.83 % )

at what price???????????...

JSW Steel to sell 10% stake

Posted by : tara23
Price when posted : BSE: Rs 980.10 ( 1.50 % ), NSE: Rs. 976.50 ( 1.15 % )

may be , since cinema is over in this...

JSW Steel to sell 10% stake

Posted by : Guest
Price when posted : BSE: Rs 965.95 ( 0.03 % ), NSE: Rs. 968.40 ( 0.31 % )

time to sell......its will go down now...

JSW Steel to sell 10% stake

Posted by : Guest
Price when posted : BSE: Rs 976.55 ( 1.13 % ), NSE: Rs. 971.00 ( 0.58 % )

it is a 10% dilution from the promoters stock so a stakes been offloaded...