As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
Saturday, January 6, 2018
Balangoda Plantations Plc - BALA.N.0000. Risk 2/50 to Gain 9/50
Balangoda too is in a correction and at present entering it at 30/50, will risk 2/50 to gain 9/50. This counter will 1st test the Gap Resistance between 34 and 35 before its rally to test 40.
As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
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