MESSAGES

For Nalco, when closed above 180 it will go up to 200. 175 target people are pulling it down. Scary investors are selling. But see the volume, there are big numbers adding up to increase wealth. Nalco has already said their sale numbers are very good. Once the financial results are out, itll go up. Its one of the triggers. Nalco has a captive power plant meaning any increase in electricity prices wont affect their profitability. The governments mining policy is in making and its a price trigger. Indias electric vehicle policy and market for the battery industry will have Nalcos Lithium contribution from an overseas mine in making. And a 3 lakh crore government scheme on power distribution has Nalcos new product creating a niche market. All the price triggers, plus the consolidation in pricing these days. Stay Invested. target 240.