BFN Community

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Blue Whale
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Re: BFN Community

Postby Blue Whale » Thu Feb 08, 2018 10:28 am

I think market is speculating that similar to JINS selling its general business JINS will sell the Orient Finance business too.
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Re: BFN Community

Postby GB » Thu Feb 08, 2018 10:28 am

Blue Whale wrote:GB, you should have hold on to your BFN quantity I think. :-o


:D Sold due to limited resources and earned almost same return from recent Plantation rally... :)

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Re: BFN Community

Postby PAT » Thu Feb 08, 2018 3:08 pm

Close the day @ 20
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Re: BFN Community

Postby PAT » Fri Feb 09, 2018 12:57 am

Strong buy as per Investing.com......

BFN.PNG
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Re: BFN Community

Postby Blue Whale » Fri Feb 09, 2018 8:49 am

But watch out for over bought situation as well. If not you are helping the speculators to book profits. :!!
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Re: BFN Community

Postby SHARK » Fri Feb 09, 2018 9:45 am

At last my argument of Buy BFN and Sell SFIN materialised, BFN SP is 20 and SFIN 5rupees below :) Few years back it was the opposite.
I do feel ASIY should beat CTBL :D
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Re: BFN Community

Postby newer1 » Fri Feb 09, 2018 11:56 pm

could BFN break its All time High and looked today people booked their profit to have fun in election day
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Re: BFN Community

Postby PAT » Sat Feb 10, 2018 2:10 am

newer1 wrote:could BFN break its All time High and looked today people booked their profit to have fun in election day


........ B-)
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Re: BFN Community

Postby Cseinvester » Fri Feb 16, 2018 11:38 am

guys what about BFN huge collection going on ..

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Re: BFN Community

Postby SHARK » Sat Feb 17, 2018 12:44 pm

i am having the laugh of my life :D
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Re: BFN Community

Postby Edmond » Sat Feb 17, 2018 1:15 pm

SHARK wrote:i am having the laugh of my life :D


Good to see someone is happy (Not only you)..., :-*

Could you please explain the current technical aspect.

As I seen good volume traded till Rs.20, Indicators are good, price is holding above Rs.19.50, weekly chart is good. Then what...?

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Re: BFN Community

Postby SHARK » Sun Feb 18, 2018 9:38 am

Dear Edi
The chart depicts, BFN is almost in the completion of W#5

There are 3 calculations to arrive at W#5 (possible)

Max being 22.30/22.50 (closing price basis)

There are 2 more scenarios of 20Rs and 21.50Rs (closing price basis)

my observation on BFN is trended nicely within Elliot Wave principle. And almost nearing completion of the last wave.

So any new comers should be watchful as the upside potential is minimal above 22.30/22.50

So best is to wait till new pattern evolves.

Those holding BFN from very low price levels, can book profits 20-22.50 range.

As next 3 corrective waves ABC may appear now onwards ........ towards 16/16.50 min.
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Re: BFN Community

Postby SHARK » Sun Feb 18, 2018 9:38 am

bfn weekly.png


This is the chart.

Good luck...... :ymhug:
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Re: BFN Community

Postby Edmond » Sun Feb 18, 2018 11:44 am

Thx SHARK for chart & information.

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Re: BFN Community

Postby Blue Whale » Mon Feb 19, 2018 7:16 am

Better to sit back and enjoy the show
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Re: BFN Community

Postby Edmond » Wed Feb 21, 2018 11:07 pm

Blue Whale wrote:Better to sit back and enjoy the show


Hope you enjoyed the show.

Noticed foreign buying too yesterday & today (@20.70). Good quantity traded so far... :-*

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Re: BFN Community

Postby Blue Whale » Thu Feb 22, 2018 6:48 am

Edmond wrote:
Blue Whale wrote:Better to sit back and enjoy the show


Hope you enjoyed the show.

Noticed foreign buying too yesterday & today (@20.70). Good quantity traded so far... :-*

Another classic example to prove that foreigners too now consider CSE for trading other than strategic collections.
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Re: BFN Community

Postby SHARK » Thu Feb 22, 2018 10:10 am

i miss you bro ... you are now an adult :D
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Re: BFN Community

Postby Blue Whale » Thu Feb 22, 2018 8:38 pm

Some one trying to keep this at the sky or is there a pending restructure similar to JINS :-?
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Re: BFN Community

Postby Edmond » Thu Feb 22, 2018 9:28 pm

Blue Whale wrote:Some one trying to keep this at the sky or is there a pending restructure similar to JINS :-?


Agreed.

I guess pending restructure similar to JINS.

Hope for the best.... :-w

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Re: BFN Community

Postby Blue Whale » Thu Feb 22, 2018 10:05 pm

But it's too much of speculation. I would like to warn everyone to be our of it now.
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Re: BFN Community

Postby PAT » Fri Feb 23, 2018 7:27 am

Blue Whale wrote:Some one trying to keep this at the sky or is there a pending restructure similar to JINS :-?


......... :-?
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Re: BFN Community

Postby Blue Whale » Fri Feb 23, 2018 7:33 am

This is based on speculation. Can be positive also depending on how smart and accurate the speculators are. Imagine if someone going to buy this. :-?
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Re: BFN Community

Postby PAT » Fri Feb 23, 2018 7:36 am

Blue Whale wrote:This is based on speculation. Can be positive also depending on how smart and accurate the speculators are. Imagine if someone going to buy this. :-?


Only if someone buy :D ,

if not performance very poor to justify the current SP , should be trade around 15/18 only.....
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Re: BFN Community

Postby Blue Whale » Fri Feb 23, 2018 7:42 am

PAT wrote:
Blue Whale wrote:This is based on speculation. Can be positive also depending on how smart and accurate the speculators are. Imagine if someone going to buy this. :-?


Only if someone buy :D ,

if not performance very poor to justify the current SP , should be trade around 15/18 only.....

Agree. Even the NAV is not supportive. If someone like Dialog comes and pay 2 or 3 times of NAV then *-:)
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