EXIT POINT of GRAN

Madu@1 · 1 EXIT POINT of GRAN Sat Oct 10, 2015 1:44 pm

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Any one can predict the Exit point of this chicken Rally

BvsB · 2 Re: EXIT POINT of GRAN Sat Oct 10, 2015 1:56 pm

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We are in the middle of golden era for poultry stocks..

My friend ,Exit is very far from current market prices for all three poultry stocks...

BFL -300+
TAFL-210+
GRAN -150+

Cheers ... Very Happy

According to my past experience my gut feeling says we are going to enter in to a mega bull for overall market...

Shammi Dharshana · 3 Re: EXIT POINT of GRAN Sat Oct 10, 2015 1:59 pm

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Buy gran

C S E 2015 · 4 Re: EXIT POINT of GRAN Sat Oct 10, 2015 3:05 pm

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Shammi Dharshana wrote:Buy gran

Don't panic wait...........
GRAN will come down next week and then collect....
That is the natural way of all three poultry shares......... Surprised

.

Teller · 5 Re: EXIT POINT of GRAN Sat Oct 10, 2015 3:27 pm

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Yes, if we clearly study the pattern we can understand this. BFL touched 196/- levels with last financials but came down to 170/- levels. So time to time short term price fluctuations can be seen

dineshfernando · 6 Re: EXIT POINT of GRAN Sat Oct 10, 2015 4:21 pm

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The major selling for BFL has already finished when it was 175 to 190. EFF and confifi sold.

Now there is no point of selling and buying back. There can be 10/= up or down but when you consider the commission and transaction costs it's not worth. What happens if BFL goes to 250/= after you sell.

The results seems to be very good and better wait till the result. If BFL reports an EPS of over 8/= it will run much faster than you think.

crnsuranjith · 7 Re: EXIT POINT of GRAN Sat Oct 10, 2015 7:58 pm

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C S E 2015 wrote:

Shammi Dharshana wrote:Buy gran

Don't panic wait...........
GRAN will come down next week and then collect....
That is the natural way of all three poultry shares......... .

Yes you are correct because there is a big selling pressure on Monday and will come down for until report out.

shadow walker · 8 Re: EXIT POINT of GRAN Sat Oct 10, 2015 8:07 pm

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crnsuranjith wrote:

C S E 2015 wrote:

Shammi Dharshana wrote:Buy gran

Don't panic wait...........
GRAN will come down next week and then collect....
That is the natural way of all three poultry shares......... .

Yes you are correct because there is a big selling pressure on Monday and will come down for until report out.

yeh.. it will come down by 3, 4 rupees.. but it will have another run before they release financial statements.

C S E 2015 · 9 Re: EXIT POINT of GRAN Sat Oct 10, 2015 9:11 pm

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dineshfernando wrote:The major selling for BFL has already finished when it was 175 to 190. EFF and confifi sold.

Now there is no point of selling and buying back. There can be 10/= up or down but when you consider the commission and transaction costs it's not worth. What happens if BFL goes to 250/= after you sell.

The results seems to be very good and better wait till the result. If BFL reports an EPS of over 8/= it will run much faster than you think.

Dear if we think Rs.200/- level transaction cost would be only Rs.4.80 per share for both ways....

If the difference is minimum Rs.10/- you miss a profit of Rs.5.20...
If you can follow carefully can can save that amount per share.......
then 10,000 shares mean Rs.52,800/- big money................

dineshfernando · 10 Re: EXIT POINT of GRAN Sat Oct 10, 2015 9:34 pm

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There is no guarantee that you can match the price say exactly at 190/= and buy. The share can start moving faster sometimes.

Look how fast BFL moved from 190 to 225. Many people even not ready for that.

Personally I would keep all these shares at least up to the date of quarterly reports.

C S E 2015 · 11 Re: EXIT POINT of GRAN Sat Oct 10, 2015 9:48 pm

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dineshfernando wrote:There is no guarantee that you can match the price say exactly at 190/= and buy. The share can start moving faster sometimes.

Look how fast BFL moved from 190 to 225. Many people even not ready for that.

Personally I would keep all these shares at least up to the date of quarterly reports.

Yes that is true...
You can not collect huge amounts within shorter period...
but small investor can collect 10,000 shares within Rs.1 to Rs.2 range without harm...
but you have to keep watching the movements....

Can keep until the game end...
but you may not able to find a buyer at that point....

EquityChamp · 12 Re: EXIT POINT of GRAN Mon Oct 12, 2015 3:20 pm

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The way GRAN traded today has indicated that we can't expect a sell off before the Quarterly Result. Today around 200,000 shares traded at 110-112 range. So lot of buyers have bought last year and sit on a good profit have booked them today without much harm being done to the share price. I will tell you this share will further move up within this week without much problem.

SUSPENS · 13 Re: EXIT POINT of GRAN Mon Oct 12, 2015 3:26 pm

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"I will tell you this share will further move up within this week without much problem."

Are you sure about ?? Bcz i have doubt about...

EquityChamp · 14 Re: EXIT POINT of GRAN Mon Oct 12, 2015 3:29 pm

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Let's see. According to my experience it should unless the broader market comes down with massive scale sell off.

EquityChamp · 15 Re: EXIT POINT of GRAN Tue Oct 13, 2015 8:07 pm

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My technical experience proves that my prediction is correct. Now looks like this share is reaching the next resistance level @ 122 within this week itself. Lets see tomorrow market performance.