Wait for the fund to shift to NFCL by sep; once the Gas supply list is out by RIL......
Cheers..
Santhosh Kumar.O...

Dont be a FOOL and be KIDDISH..Study well about NFCL. If some analysts appearing in television with bias said something, dont follow like a blind goon. Pls go take your time to study the company. No company can add capacity in 30 days, it takes its own time. And your suggestion of buying and selling and 37 and 40 wont happen always. If the market corrects and fund action happens after the Gas supply confirmation. 37, 40, 42 will be histories. Wait for the fund action in a big way to happen. Check out the Paribas and ICICI portfolios, they are buying this at all levels. Means down side is limited.
Cheers......
Santhosh Kumar.O...

The policy also talks about 90% Subsidy reimbursement in cash. According to the policy, fertilizer producers will be given subsidy at Rs 8,000 crore per month from September 2008 onwards till February 2009. Till July 2008, the government has paid about Rs 28,000 crore towards fertilizer subsidy. The fertilizer ministry expects the amount to be mostly paid in cash and not more than 10 per cent will be issued as fertilizer bonds. Also, they also expect the subsidy to be borne fully by the government as it is an open-ended one. This will bring down the cost as the bond discounting in the open market can be avoided....and the working capital requirement will be fully met time to time...
Cheers...
Santhosh Kumar.O
...

50 to 54 is the near term and if it sustains around 48-50 kind, we may see more upside...say 56-60. 60 zone would be of high resistance. But if the market as predicted goes on from here we may see 68-70 level. But I like people to go for partial profit booking at 50-52 range. Hold on 50% of your stake for more upside...We have to really watch out how the future market is going to build up from here on...Watch out for the open interest everyday...
cheers...
Santhosh Kumar.O...

Stock market analysts are of the view that investors can buy Nagarjuna Fertilizers & Chemicals Ltd stock to achieve a short term target of Rs 52.

According to analysts, interested investors can purchase the stock above Rs 42.8 with a strict stop loss of Rs 39.5.

Today (August 08), the shares of the company opened at Rs 40.45 on the Bombay Stock Exchange (BSE). Current EPS and P/E stood at 0.52 and 79.64 respectively. The share price has seen a 52-week high of Rs 89 and a low of Rs 22.80 on BSE.

The stock has much potential to climb to the target price as the company has good growth prospects considering its projects under implementation and influential future plans.
If it sustains above 52 the shortterm target would be 60 and can even go and retest its previous heighs provided the market stabilizes from here on.
Cheers.....
Santhosh Kumar.O

...

SURESH MITTAL...
Why dont you cut this tread off...for ever...Start the new theread as you have planned...Will Nifty touch 6300 by June 2009...I hope an ideal time to start...other wise you will loose your brand value...
cheers......

It may not go below 410...technically if it sustain above 442 then the uptrend may resume till 476...480.
Good time to buy 480 calls 350 lot at 8.5 now...wait for 22 to touch..before 20th of August..
Cheers......

Nfcl is a LasVegas stock. All projections based on fundamentals...like gas supply, fertilisers short supply, good monsoon , biggest urea plant, cash subsidies etc etc ... never works with this stock. Even atleast 2% dividend would have kept the stock in high spirits. But there has been some activity in this counter and got a tag as momentum stock.... may be it is forming a base to get into future blue chip slot. One should have always a bearish view on this stock the moment one buys. Buy and sell with marginal profit. It is a snake and not a rope to hold it for short term. I have Nafert in my portfolio and do trade. ad ...

Dear santhosho, well said. People without having any idea about Future potential of NFCL give their unnecessary comments. The so called analysts like Mr.S.P.Tulsyan, Mr.Ambrish & Mrs.Lata Venkatesh appearing at CNBC Channels,deliberately talk negative about NFCL. According to them Chambal is better than NFCL. Let me inform them, NFCL is much better than Chambal in all respect. Future of NFCL is much brighter than Chambal and other fertilizer Majors. Please note that with the introduction of IPP pricing policy, NFCL will be the most beneficial as it\\`s plant is situated at Kakinada and once the RIL Gas will start flowing into it\\`s plant, their cost of production will be minimum compared to others because cheapest gas available to them. I request all knowledgeable people not to misguide common investos just for the sake of your own interest. Belive it or not NFCL is gong to cross Rs.150/- by the year end and Rs.500/- by 2010 not because of any speculation but purely on Fundamentals. Let me tell you Interested groups are keeping it\\`s price down to take out floating stock as much as possible. Just imagine and decide what should be the share price of a company like NFCL having 2.0 Million Ton urea production capacity,sitting at the bank of huge gas reserves which will last for next few Decades and Kakinada Port is at their Door step. The cost of setting up of such a plant without having locational advantage is Approx. 9000 crore which means the present share price of NFCL should be atleast Rs.200/- because of only urea production capacity and then 6.0 Million Ton Refinary at cuddalore another Port city with a port to be ready by the middle of 2011. I feel necessary to discuss all these here to prevent common investors not to be misguided by these so called analysts at CNBC.I sincerly request Mrs Lata Venktesh and Mr.Tulsyan to stop doing this. Regards ...

Analyst worldwide say that Fertiser prices are going to fall steeply. Can you please tell me if that would be benefit the company in anyways? If so how ? Thanks....

lOOk I was not kiddin with this one here I knnew it............

Dear santhosho, I am planning to start a new thread something titled as: WILL NIFTY HIT 4400 BY JANUARY ? But I have to see the exact bottom of the market first. Then I can start such a thread. Thanks for suggestion. SURESH MITTAL...

Dear santhosho, you have given a very small target of Rs.60/- for a giant like NFCL. Please try to read the policy where Main beneficiaries are existing urea plants which has good amount of land for capacity expansion like RCF, Chambal & NFCL. Now NFCL can enhance their capacity by atleast three times within next two years.Their land value is more than Rs.160/ per share and setting up a plant of similar capacity costs about 8000 crore I.R which translates into a share value of Rs.175/- per share.Further they are coming up a refinary at cuddalore.For which they will issue 3 free shares of NOCL against every 2 shares of NFCL held.Now RIL is coming to finance the expansion of NFCL by taking 25% stake (15 crore shares) @ Rs.160/-per share,which will provide Rs.2400 crore to NFCL. This will really make Debt free and the biggest Fertilizer capacity in INDIA.Their expected turnover in 2010-11 will be more than 6000 crore with profit of more than 1500 crore which gives Rs.30/-E.P.S. Expect price of Rs.200/- by year end and Rs.500/- Dec`2010. The deal between RIL & NFCL is beneficial for both RIL and NFCL.This is another J.P.Associates in making.Happy investing ...

hi m having 2 call of 500 at an avg rate of 7.5 wt should i do now?????/.plz help me...