Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Reliance Petroleum
Guidance on RPL - Will it reach 60?
Posted by :
vkk43Tracked by: 0 Boarder
Thanks for your views....
In reply to:
Guidance on RPL - Will it reach 60?
Posted by :
ank1977
It is hovering around 70 and has a good support at that level too. I have one word in my mind and that is "Marry Go Round", it was hanging around 61-65 most of the time after listing, high of 295 and again it is @ 70 now. One can buy in small quantity right now. If index has to go 6300 level, it will touch 60 for sure, no doubt about that. RNRL & Reliance Power both r looking good at these level and at every decline. 
Guidance on RPL - Will it reach 60?
Posted by : chief_kamaniTracked by: 0 Boarder
ank1977-Oil demand may be weak right now but as time passes by Oil demand has to increase!!Therefore RPL is a good buy and very close to listing prices!!That too as refinery could be ready to start!!
...
In reply to:
Guidance on RPL - Will it reach 60?
Posted by : ank1977
It is hovering around 70 and has a good support at that level too. I have one word in my mind and that is "Marry Go Round", it was hanging around 61-65 most of the time after listing, high of 295 and again it is @ 70 now. One can buy in small quantity right now. If index has to go 6300 level, it will touch 60 for sure, no doubt about that. RNRL & Reliance Power both r looking good at these level and at every decline.
Guidance on RPL - Will it reach 60?
Posted by : ank1977Tracked by: 0 Boarder
It is hovering around 70 and has a good support at that level too. I have one word in my mind and that is "Marry Go Round", it was hanging around 61-65 most of the time after listing, high of 295 and again it is @ 70 now. One can buy in small quantity right now. If index has to go 6300 level, it will touch 60 for sure, no doubt about that. RNRL & Reliance Power both r looking good at these level and at every decline....
In reply to:
Guidance on RPL - Will it reach 60?
Posted by : vkk43
RPL will of course be a weak share going forward under the present bearish market conditions.
Guidance on RPL - Will it reach 60?
Posted by : vkk43Tracked by: 0 Boarder
RPL will of course be a weak share going forward under the present bearish market conditions. ...
In reply to:
Guidance on RPL - Will it reach 60?
Posted by : avrochan
RPL bottom is 40 - 41 dear friend, for the time being i suggest not to buy, this is based on the gdp, year 2009 will be a bad year with recession and low output. So not to be hurry, wait, now the nifty again will move towards 2800 and plunge to 2200 levels which analysts say could be a bottom or if that too is breached will fall to 1600 levels and sensex 5000. Anyway nothing to happen in price movement for the time being whether it is a blue chip or white chip, prices will fall according to index fall. As you have lost badly, you need to short sell after index moves up bit. I am also a victim of lost category,almost Rs.3,60,000/- and the current value of my stock is Rs.21,000/-. In fact i have not done anything, I invested in the realty sector last year, and that is plunged to less than 10% yearly highs. =Avro=
Guidance on RPL - Will it reach 60?
Posted by : avrochanTracked by: 0 Boarder
RPL bottom is 40 - 41 dear friend, for the time being i suggest not to buy, this is based on the gdp, year 2009 will be a bad year with recession and low output. So not to be hurry, wait, now the nifty again will move towards 2800 and plunge to 2200 levels which analysts say could be a bottom or if that too is breached will fall to 1600 levels and sensex 5000. Anyway nothing to happen in price movement for the time being whether it is a blue chip or white chip, prices will fall according to index fall. As you have lost badly, you need to short sell after index moves up bit. I am also a victim of lost category,almost Rs.3,60,000/- and the current value of my stock is Rs.21,000/-. In fact i have not done anything, I invested in the realty sector last year, and that is plunged to less than 10% yearly highs. =Avro=...
In reply to:
Guidance on RPL - Will it reach 60?
Posted by :
warren__buffet
Be & Make - Where are you dear friend? You have been an expert in this counter and have helped people prosper. Can you please guide me by providing me a bottom for RPL. I have lost all my health and wealth in the stock market. Now i wish to go short. Please guide.
rpl @ 50 -130
Posted by : bobo1Tracked by: 0 Boarder
I say it again.. Citigroup will not go bankrupt. The stock price could go to 0 but the company will coninue to function. It`s too big to fail. It is being targetted by greey shortsellers. The books of Citigroup are said to be almost the same as JP Morgan`s. The reason now being given for this short sell barrage is that Vikram Pandit is the CEO and investors dont have any confidence him. Calls are out for him to resign and bring in another CEO just to give confidence to the investors. That is the stupides explanation i have ever heard but that is all the shorts need to prey on the fear of people...
In reply to:
rpl @ 50 -130
Posted by : jdosvd
Bankruptcy of Citigroup is a real possibility;the Saudis are helping keeping this patient in the ICU but..............finally when it falls,and fall it will,globally markets will just plunge sharply.Yes,today,small investors,who are already a battered lot must not hold long-term but only trade.Play Safe!
next step of market
Posted by : bakulapradhanTracked by: 0 Boarder
I have bought 200 RPL at Rs. 208/ How many months or years will i have to wait for my buying price?...
rpl @ 50 -130
Posted by : make and beTracked by: 0 Boarder
Your views on RPL has become true by chance and now you are acting like a big `guru` of the market.If you are such smart enough,then you should tell what RPL and market will be after 2,4,8 & 12 months.And that predictions must not be deleted from messageboard atleast till 1 year.
At present all stocks are down so much,including established bluechips (Not Only RPL).Then what is special in RPL`s fall? I think you are like the Hero of the film released few years ago,named ...
In reply to:
rpl @ 50 -130
Posted by : Be and Make
Dear victor – Thanks for your kind words. Actually I am not having any stocks in my bag and I will not prefer to buy the RPL in the near term but I am using this board to meet my friends.
Regarding the color, definitely it is dazzling one. Thanks for your suggestion and I changed it right now.
Previously I had Power Grid, purchased on listing, and exited around 140/- due to higher valuations. Under the current circumstances PGC looks overly valued in my view. It has huge orders in hand and government is likely to spend more on this sector in the next ten year plan even though considering current market conditions stock is over valued when compared to its peers.
I am not tracking the IFCI.
Thanks for your nice words
be and make
rpl @ 50 -130
Posted by :
mars attackTracked by: 0 Boarder
the world markets will keep dancing to the tune of wall street because wall street is the centre of the world economy and if wall street plunging downwards then it will all the world indices along with it.the world needs america because american products are unique and one of the worlds best companies are in america.saudis will keep investing in american companies....
In reply to:
rpl @ 50 -130
Posted by : jdosvd
Bankruptcy of Citigroup is a real possibility;the Saudis are helping keeping this patient in the ICU but..............finally when it falls,and fall it will,globally markets will just plunge sharply.Yes,today,small investors,who are already a battered lot must not hold long-term but only trade.Play Safe!
rpl @ 50 -130
Posted by : victor08Tracked by: 0 Boarder
Dear "Be & Make",
THANK U VERY MUCH FOR YOUR KIND REPLY AND ACTION .
Regards,...
In reply to:
rpl @ 50 -130
Posted by : Be and Make
Dear victor – Thanks for your kind words. Actually I am not having any stocks in my bag and I will not prefer to buy the RPL in the near term but I am using this board to meet my friends.
Regarding the color, definitely it is dazzling one. Thanks for your suggestion and I changed it right now.
Previously I had Power Grid, purchased on listing, and exited around 140/- due to higher valuations. Under the current circumstances PGC looks overly valued in my view. It has huge orders in hand and government is likely to spend more on this sector in the next ten year plan even though considering current market conditions stock is over valued when compared to its peers.
I am not tracking the IFCI.
Thanks for your nice words
be and make
rpl @ 50 -130
Posted by : jdosvdTracked by: 0 Boarder
Bankruptcy of Citigroup is a real possibility;the Saudis are helping keeping this patient in the ICU but..............finally when it falls,and fall it will,globally markets will just plunge sharply.Yes,today,small investors,who are already a battered lot must not hold long-term but only trade.Play Safe!...
In reply to:
rpl @ 50 -130
Posted by : bobo1
Dear Be and Make,
If citigroup goes bankrupt the world economy will collapse. I dont think the US government will allow Citigroup to fail. But you are right they are in trouble because short sellers are targetting them. They raised 50 billion $ yesterday. A saudi Prince increased his stake from 4 % to 5% citing his confidence in the company. All of this was not enough as ruthless short sellers looking to make a quick buck brought down the price of the stock. There is nothing Vikram Pandit can do anymore. He is looking to sell various operations right now or maybe even sell the entire company. But one would ask who would be willing to buy? Expect some sort of a merger or acquisition by Citigroup soon. Goldman Sachs is another target of the short sellers but they deserve it. What is happening to them now is what they did to others. It makes me happy to see their stock price fall everyday. But one would not want Goldman Sachs to go down either. So yeah, the pain in the US markets is likely to last for quite some time.
rpl @ 50 -130
Posted by : bobo1Tracked by: 0 Boarder
Dear Be and Make,
If citigroup goes bankrupt the world economy will collapse. I dont think the US government will allow Citigroup to fail. But you are right they are in trouble because short sellers are targetting them. They raised 50 billion $ yesterday. A saudi Prince increased his stake from 4 % to 5% citing his confidence in the company. All of this was not enough as ruthless short sellers looking to make a quick buck brought down the price of the stock. There is nothing Vikram Pandit can do anymore. He is looking to sell various operations right now or maybe even sell the entire company. But one would ask who would be willing to buy? Expect some sort of a merger or acquisition by Citigroup soon. Goldman Sachs is another target of the short sellers but they deserve it. What is happening to them now is what they did to others. It makes me happy to see their stock price fall everyday. But one would not want Goldman Sachs to go down either. So yeah, the pain in the US markets is likely to last for quite some time. ...
In reply to:
rpl @ 50 -130
Posted by : Be and Make
Dear manju – Good morning, the worst is not yet over, globally things are changing very rapidly. In India too we are not out of wounds so I will not select any stock at this point of time. If you go through my report on RIL/RPL you will get the right thing to do. Be frank to say, I have not given any trading call on Alstom, I have just intimated that I prefer that stock to pick.
There are rumors that government will come with some stimulus / bailout package to lift the sentiment by concentrating the infrastructure sector. Actually they are very beaten down right now if such plan comes in to play then they will bounce in the same manner as they fell. So at this point of time we can’t predict which one is good which one is bad. Things are worsening in the great pace, at one point everybody thought India is ‘decoupled’ what happened to the decoupling story? We may not have V – shaped recovery hence no need to bottom fishing right now.
Globally some bad news still coming, there is some news that CITI group is in trouble if it is too bankrupt then the damage will happen further globally.
Better to go with gilt / short term debt funds in India for targeting 1-3 months. The safest bet during the turbulent times in stock market, which you will get at least 12-18% returns.
With thanks
Be and make
Why Ambanis always emerge smart winners !
Posted by : bobo1Tracked by: 0 Boarder
One can never predict such things. But the dow Jones is definitley not bottomed out yet. There is more pain to come as General Motors and Citigroup are being targetted by the short sellers now. I thought it was only our politicans who said and did stupid things and affected the stock markets but it seems to be the same way in the US. Just yesterday they announced that the auto makers would received funding and around 30 minutes after that other politicans came out and opposed it. I see this saga carrying out atleast till December. Expect GM to be in the news everyday. Hopefully the stock price doesnt reach 0 before that. And then there is Citigroup....IF this company were to fail it would bring down the world economy. Goldman Sachs is also in the news and until these two companies reach some sort of a merger or acquesition or something I dont see the Dow Jones bottoming out. Which simply means that our copy cat market will not bottom out anytime soon. Expect aleast 7000 on the Dow Jones sometime soon. The short sellers will make sure of that...
In reply to:
Why Ambanis always emerge smart winners !
Posted by : IT_Bulls
Are markets close to the end of bear market globally?
Where are the markets headed?
rpl @ 50 -130
Posted by : manju_berlinTracked by: 0 Boarder
Dear Be and make.
I aggress with your opinion on globally crises. As far as CITI group I say they are in better position.. Bit lucky by sell off asserts before the circus started, compared to other banks.
I am bit surprise about the real estate in India that they are at high.
I just want to inform you the situation in Germany. Actually the Germany Gov. want to support the banks for circus. But the banks they don’t want to be supported by Gov. as the trust will go from people if the take support for their losses. They are proud for their investments. (Which I like).
The bad is they are supporting the DOLLAR (which I don’t like). They are keeping the dollar high (or buying dollar or investing in USA) and Euro lower. So the exports will not be expensive.
Can you please tell me some gilt / short term debt funds? I will be very happy with 12%.
Thanks
...
In reply to:
rpl @ 50 -130
Posted by : Be and Make
Dear manju – Good morning, the worst is not yet over, globally things are changing very rapidly. In India too we are not out of wounds so I will not select any stock at this point of time. If you go through my report on RIL/RPL you will get the right thing to do. Be frank to say, I have not given any trading call on Alstom, I have just intimated that I prefer that stock to pick.
There are rumors that government will come with some stimulus / bailout package to lift the sentiment by concentrating the infrastructure sector. Actually they are very beaten down right now if such plan comes in to play then they will bounce in the same manner as they fell. So at this point of time we can’t predict which one is good which one is bad. Things are worsening in the great pace, at one point everybody thought India is ‘decoupled’ what happened to the decoupling story? We may not have V – shaped recovery hence no need to bottom fishing right now.
Globally some bad news still coming, there is some news that CITI group is in trouble if it is too bankrupt then the damage will happen further globally.
Better to go with gilt / short term debt funds in India for targeting 1-3 months. The safest bet during the turbulent times in stock market, which you will get at least 12-18% returns.
With thanks
Be and make
Will RPL go down......
Posted by : gkp378Tracked by: 0 Boarder
Dear Cheifkamani,
I believe rpl is good buy only around 60. Few people are much bearish on this script that it will go to 40-35 also. ...
In reply to:
Will RPL go down......
Posted by : Guest
Consider India`s Reliance Industries which, according to International
Oil Daily,
Boarders Outlook on Reliance Petro
positive outlook
negative outlook49 queries on Reliance Petro
see moreMore from the Refineries Sector
Boarders tracking Reliance Petro
see more News Updates on Reliance Petro
