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Moneycontrol.com >> Message Board >> View Messages >> Reliance Petro
   You are here :     Moneycontrol     MMB      Stocks      Reliance Petro
RPL the LONE FIGHTER in this MAYHEM (16)   01-Jul-08 16:29Tracked by (0)  
Posted by:   Sensexxx on ( 01-Jul-08 16:29 )
Price : BSE: Rs 166.05 ( -2.58 % ), NSE: Rs. 166.00 ( -2.67 % )
RPL is fighting it out like a brave battered soldier in this mkt mayhem, SALUTE to the fighter.
This only shows that among the all the momentum stocks RPL is the winner and is the stock to ACCUMULATE for children and Granchildren, just like the faithfuls have been accumulating INFOSYS.
MOREOVER,
OVERSOLD Mkt, a BOUNCEBACK is imminent. Mkt is very dangerously poised.It can Go up or break Down very heavily, everybody is Shorting the mkt and making money now, just like in a Bull mt everybody used to buy. The risk is it is so easy to pull this mkt UP, by simply buying very few BLUECHIP Stocks, and then all those retail investors who are SHORTING the NIFTY will be TRAPPED.
So be careful a technical bounceback in BLUECHIP Stocks is imminent.
Once the NUCLEAR DEAL is THRU, even if Left pulls the Rugg, but FII Flow may RETURN, due to POSITIVE SENTIMENT
Bye
SENSEXXX
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