Blue N Vs X

ISURU · 1 Blue N Vs X Fri Jun 17, 2011 2:22 pm

ISURU

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During coming weeks how the Blue X will be respond towards the upward movement of Blue N Question

aladdin · 2 Re: Blue N Vs X Fri Jun 17, 2011 4:41 pm

aladdin

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17-Jun-2011 Price Bands

In terms of the SEC directive dated 14th September 2010, the 10% price band imposed on SINI.N.0000 has been removed with effect from 20th June 2011.
The 10% price band has not been imposed on a new security considering the review period from 10th June 2011 to 17th June 2011 (Both days inclusive).
The full list of securities on which the 10% price band is applicable is attached.

therefore Blue might start to dance again on Monday as i believe. But this does not mean to by at this high level or sell or hold. Its up to you 100%

Prince · 3 Re: Blue N Vs X Fri Jun 17, 2011 7:08 pm

Prince

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BLUE.N will definitely hit Rs 11.00 on Monday morning but for very shorter time period. Because l can remember last year also a BLUE run came and went up to Rs 12.00

Its obvious last year's victims will try to sell their portfolio just after the Rs 11.00

My prediction is that BLUE will stay in 10.00 to 11.00 range for couple of weeks before break in to the 12.00 region.

But mind you there's a big opportunity in BLUE.x which theoretically should reach to half of the price of BLUE.N

so once N reach it's peak which is at 11.00 BLUE.X will pick up the momentum until it reaches 6.00 - 7.00 region.

- Good Luck