Rajshree Sugars

[TradersEdge]

Rajshree Sugars - consolidating for an uptrend ?

Have a sweet tooth? (don't we all)

Check out the attached chart!

 

[Neal]

Excellent call TradersEdge,

You have an uncanny ability to pick out the diamonds from the dust.

I must congratulate you on this recommendation, as I am sitting on a profit.

Keep it up!!

 

[TradersEdge]

Thank you Neal,

It is always good to get feedback from active participants of this forum.

Speaking of sugar stocks here is another one to BUY/ADD:

Dhampur Sugar

I will try to post my analysis if I am able to do so.

 

[tima]

great tip missed it though ,new to this portal shall take the tip in future

 

[TradersEdge]

You can always buy on a pullback or correction!

 

[tima]

any other stocks worth purchasing or shall i wait for a correction in the market ?? ur expert advice would be appreciated

 

[TradersEdge]

I like:

Dhampur Sugar
NELCO
Centry Enka

Check them out and maybe some members can post their comments on them both fundamentally and technically.

 

[evipul]

Traderji,

Want to clarify a doubt; you recommended Nelco. However, 13 day MA has crossed on downside to 3 day MA which would suggest bearishness. Please guide.

Thanks,

Vipul

 

[Traderji]

If you are referring to the 3X13=34 moving average system, the 3 MA crossing the 13 MA is a bullish BUY signal and not a bearish signal, so the signal is correct. Please read the article on this trading system again.

However you can further BUY/ADD NELCO on a close above 37.20 with a stoploss at 32.50

 

[arun]

Thanks TradersEdge for your call on Rajshree Sugars!

I will keep a watch on the other scripts like:

Dhampur Sugar
NELCO
Centry Enka