well today it moved as just a correction for these days fall...mid term not looking good.Sell it now & enter in Mundra it has a potential of 20 % in mid term.. i did it 3 days back...i am already in 10 % gain..
I HAVE APPLIED TO EMPEE DISTILLERIES LTD THROUGH ICICI ONLINE SERVICE. I AM IN ANKLESHWAR, GUJRATH AND MY ACC IS WITH ICICI BANK WHICH IS ALSO HAVING ECS FACILITY STILL ON 4TH DECEMBER,07 EVENING. I HAVE NOT RECEIVED EITHER CHEQUE OR ECS REFUND AFTER ALLOTMENT OF 29 SHARE OUT OF 105 SHARES. MY APPLICATION NO. 2690655.
Empee is likely to come down to the level of 210 as technically it has got very bad postion & lost the support of 300! may sell at this level & enter at 210 level.
I think its good to buy empee shares now so as to lower down the avg purchase price. Share will go up for sure... Last qtr is always good for dist cos becoz of xmas and new year... hold till jan end atleast.
Guyz..don't worry fundamentally its good stock to hold they have 50acr of Land in Chennai once they start developing that land share will shoot up to 500 irrespective of other bussiness performance like power etc..already we lost lot in this counter nothing else to loose now, so better add some more if you can or wait with your holding till Jan end.
The EDL is the good stock , when everybody is selling & rates down it is the time to add , & when everybody is buying & rates goes above it is the time to sell. So considering this give time to bounce back the stock. I also have and risk are lesser then otherstocks who are so much expensive then EDL.