Reliance Industries

Reliance may not fall below 1700 in 2008

Posted by : marketbear

yes, shortsellers may have got a booty of profits today. Falling from 2154 to 2054 is really huge movement on expiry day. It really moved as expected today.

RELIANCE INDUSTRIES-BUSINESS IN 4 SUBSIDIARIES

Posted by : JAGDISH GABA

I find now that there are 6 blocks instead of already reported 4
your point is right but they have full fledged back office whose main job is advisory on a/cs n accounting systems
May be they find more benefits to the co in this business model
But one thing is sure,its a value unlocking backed by reliance seal

RELIANCE INDUSTRIES-BUSINESS IN 4 SUBSIDIARIES

Posted by : K.N.Pillai16968

It is also reported that all the Four companies to which different block of oil discoveries are being diverted are all HUNDRED percent owned by Reliance Industries. In that scenario the apprehensions seems to be unfounded. May be for administration's sake these diversions are probably necessary from the view of the management.

Markets Stabilising - FII Losses

Posted by : bhusbhac

We reacted sharply to negative news inflows. Now look at these positives:

1. Crude has fallen from $ 145 levels to $ 120 and below levels.

2. Inflation has fallen from 12.63 to 12.40 this week. Still an uncomfortable figure but we reacted sharply negatively when inflation was rising week on week.

3. Although delayed the monsoons are barely 1% below normal.

4. The Nuclear Deal is quite likely to go through with positive news in September. Government is also stable although time is running out for them to show a control on inflation as well as good growth in GDP.

5. Although there has been a slowdown in our economy there have not been losses so we can easily spring back from this pedestal.

Business decisions are largely based on expectations and the rewards are based on the risks taken. Hence I expect that there will be a lot of show of optimism and courage from now on.

Reliance may not fall below 1700 in 2008

Posted by : marketbear

You are saying others which should have been for you. Not everyone will become bankrupt even Reliance touches 1500 or 1000 levels. Thus do not love Reliance so much. It is better to bet on banking stocks rather than Reliance. Reliance can barbad investors because of their unfriendly actions towards investors. Reliance is a bubble stock and it can burst on any negative news. It is better to stay away from Reliance and look for some other safe stocks like SAIL, Tata Steel, ONGC, SBI. Investors and traders are adviced not to love too much this stock as it can burn fingures anyday as it had did today to so many investors.

Reliance may not fall below 1700 in 2008

Posted by : vtycoon

so many vella GUYS.........................u guys hw can u post in dis forum ..

reliance 1700..da day rel touches 1700 u guys will become BANKRUPTTTTTTTt

stop wastin ur mind n time......buy RELIANCE arnd 2000 n earn 100 + in few trading sessions......
buy ENGLISH indian clays.Mercator lines

Reliance may not fall below 1700 in 2008

Posted by : marketbear

yes, shortsellers may have got a booty of profits today. Falling from 2154 to 2054 is really huge movement on expiry day. It really moved as expected today.

Reliance may not fall below 1700 in 2008

Posted by : marketman

As expected earlier the reliance losed well below 2100.... and thus nifty is under pressure on expiry day....

Reliance may not fall below 1700 in 2008

Posted by : investor11

Look for handsom upward move of Reliance tomorrow may see again past 2125 thanks to inflation data,better global clue,and expected better GDP Q1 data

Reliance may not fall below 1700 in 2008

Posted by : marketman

As expected earlier the reliance losed well below 2100.... and thus nifty is under pressure on expiry day....

RELIANCE INDUSTRIES-BUSINESS IN 4 SUBSIDIARIES

Posted by : K.N.Pillai16968

It is also reported that all the Four companies to which different block of oil discoveries are being diverted are all HUNDRED percent owned by Reliance Industries. In that scenario the apprehensions seems to be unfounded. May be for administration's sake these diversions are probably necessary from the view of the management.

Markets Stabilising - FII Losses

Posted by : bhusbhac

We reacted sharply to negative news inflows. Now look at these positives:

1. Crude has fallen from $ 145 levels to $ 120 and below levels.

2. Inflation has fallen from 12.63 to 12.40 this week. Still an uncomfortable figure but we reacted sharply negatively when inflation was rising week on week.

3. Although delayed the monsoons are barely 1% below normal.

4. The Nuclear Deal is quite likely to go through with positive news in September. Government is also stable although time is running out for them to show a control on inflation as well as good growth in GDP.

5. Although there has been a slowdown in our economy there have not been losses so we can easily spring back from this pedestal.

Business decisions are largely based on expectations and the rewards are based on the risks taken. Hence I expect that there will be a lot of show of optimism and courage from now on.

Markets Stabilising - FII Losses

Posted by : bhusbhac

Indian markets after the Chinese markets and some other emerging markets are highly attractive for FII investments. So the only reason why there is hardly any FII buying is that they have made losses in volatility in US markets, commodities as well as the Asian markets.

If you and me cannot predict the direction the market is taking at any given moment we are penalised with losses day after day.

IF EVERYONE is SHORT every single day one day things will have to rebound like a coiled spring. There will have to be many losers as and when the markets start moving up. We are talking about 8 months of downside of the markets which are all oversold and at very attractive valuations!

So when we make losses in thousands FIIs would make losses in millions for every mistake that would have been made.

Yet the way out for all of us is to start investing and going long. The only thing I cannot understand is the movement of crude but this factor may just hinge for one more week once the anticipated US storm blows over crude may be headed for US$ 100. I think that this gamble for just one week should be worth it.

I dont think that Reliance Industries is doing anything harmful to the interests of the shareholders where the KG Basin business is being routed through subsidiaries. This is surely a measure to raise funds in a tight market condition. Please have faith and trust since otherwise it would be the end of the reign of the Ambani brothers.

So market is stabilising until FII fud flows start coming in however irrespective the markets will certainly recover in the next 12 months FIIs or no FIIs merely because of the valuations,

Please consider!

Reliance Ind Futures taken at 2080

Posted by : kishor_raut119

reliance is expected to come down to Rs. 1650.00 all script reduced to 50%. due to reliance sensex is around 14200.00 once sensex comes down to 9500.00