When ASI was 5700 BLUE was 8/-

anjelo · 1 When ASI was 5700 BLUE was 8/- Fri Jun 15, 2012 8:46 am

anjelo

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proof

http://www.bloomberg.com/quote/BLUE:SL/chart

http://www.bloomberg.com/quote/CSEALL:IND/chart

Antonym · 2 Re: When ASI was 5700 BLUE was 8/- Fri Jun 15, 2012 8:52 am

Antonym

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When the ASI was at 5700 (on 31-Jan-2012), BLUE was at Rs 7.30.
So, what's your point?

Kithsiri · 3 Re: When ASI was 5700 BLUE was 8/- Fri Jun 15, 2012 8:56 am

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Pointless (posting) Embarassed

anjelo · 4 Re: When ASI was 5700 BLUE was 8/- Fri Jun 15, 2012 9:10 am

anjelo

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that is after the down trend started. this will be an uptrend. so people will be buying early expecting a bullish run in the future.
the people who will be buying at 8 will be the same people who has made the profit by buying blue around 4 and selling around 6 and the again if trend continues buy at 6 sell at 7 ect ect.. it will hit 8 fast if the trend continue since more the profit the buys makes. the more cushion he has and more risk he will take. so it will make a balloon effect. and if you are lucky u can go up till the balloon puffs and dies slowly again.