Reason of fall of balrampur chini mill


Reason of fall of balrampur chini mill…why balrampur chini mill fall so rapidly


Learn wykoff principle


@Akash_Shaw that is a cyclic stock and cyclic industry…last year it was reaching Rs 69 also. Stay away and buy in 2 digit price


This stock belongs to cyclical sector, Balrampur chini is kind of contrarian stock , while market and other stocks are going down , this particular stock was going up , At present i assume stock market is in a kind of Bear Phase /Bear market , but some of the stocks are completed their bear phase , for example Bharti Airtel making high


Thank you so much everyone