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Is it good time to enter into sugar stocks?

Discussion in 'Investment Analysis' started by csesanthosh, Apr 1, 2018.

  1. csesanthosh

    csesanthosh Member

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    Hi, I see the sugar stocks move is on the go. Is it good time to buy stocks like Balrampur Chini, Sakthi sugars to ride the wave? Or we should further to see downside? Any sugar stocks that we can consider as value buying?
     
    Last edited: Apr 1, 2018
    csesanthosh, Apr 1, 2018
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  2. mk27418

    mk27418 Active Member

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    I am very new, but I think Balrampur chini may be considered for 1-2 years investment.it is 75. We can expect more than 100 in 1 year.

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    mk27418, Apr 1, 2018
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  3. shabbir

    shabbir Administrator Staff Member

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    Sugar sector is yet another commodity and so one should only consider it for trading. Never an investment because none of the company has any USP
     
    shabbir, Apr 1, 2018
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  4. csesanthosh

    csesanthosh Member

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    Agreed. Trying to ride the wave for short term 2-3 years.
     
    csesanthosh, Apr 1, 2018
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  5. shabbir

    shabbir Administrator Staff Member

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    Technically the bottom will be formed and then you should consider riding that wave. As of now wave is on the down side.
     
    shabbir, Apr 2, 2018
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  6. bhat64

    bhat64 Apprentice

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    Sugar cycle just ended next uptrend will take 2-3 years minimum. Steel and metals cycle began late last year and may peak out this year. I think IT and pharma uptrend will begin first before sugar and others


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    bhat64, Apr 3, 2018
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  7. nirajshah

    nirajshah Champion

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    nirajshah, Apr 4, 2018
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