Reliance Petroleum

When to short this again

Posted by : gkp378
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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RPL is moving in market direction only now. But see , today market up about 450pts, but rpl move is sluggish. In near ter also, if market is green rpl can go up to 76 but not more than that. Good time to short between 75-76. even if it go to 80 also don`t worry.....

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When to short this again

Posted by : marketbear

commodities are down. All the commodities stocks will underperform the index. Rel Petro is sure to touch atleast level of 60 over next couple of weeks

strong sell rpl stt 62

Posted by : agrawalknath
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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India Bull, you seems to be a bear why you wrote yoursel bull, You are using MMB board to spread gossip, How much shares you have shorted of RPL, Short RPL to sell your home in margin, RPL is over Rs *100 within a month, If courage short it...

Markets are lying!!!

Posted by : Sunny_Chopra
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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Stocks continue to trade in choppy fashion. Very Very Volatile.

Despite of all the bad news, markets are not reacting accordingly. This is weird. There are series of bad news today but it seems markets are immune now to these bad reports. Stocks are off to a bit of a rocky start, but are attempting to recover into positive ground. The recovery effort has been stymied by a sudden increase in selling pressure, however. There’s huge speculations going on it seems. Still, determining whether stocks will finish the session with gains or losses is a mere guessing game, though, especially amid such volatility. In the prior session, the Dow opened with a loss of more than 180 points, but finished the session more than 170 points higher. The Dow opened roughly 100 points lower this session.

The same will continue in India also in coming days.

A hearing for auto makers is under way. Executives from Ford (F 2.92, +0.07), General Motors (GM 4.76, -0.14), and Chrysler are expected to state their cases for a government-funded bailout. Bloomberg reported earlier this morning that a source indicated GM and Chrysler would consider bankruptcy as a last resort if it helped secure government funding.
Standard and Poor`s has cut GM`s corporate credit rating to CC from CCC+. Analysts at Credit Suisse cut their target price on shares of GM to $2 from $5.
Auto makers, as a group, are up 0.8%.DJ30 -47.39 NASDAQ -8.59 SP500 -4.94 NASDAQ Adv/Vol/Dec 1342/377 mln/1033 NYSE Adv/Vol/Dec 1353/238 mln/1486

Calling with bad news: AT&T to cut 12,000 jobs, or 4 percent of work force
AT&T Inc. joined the recession`s parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
The Dallas-based telecommunications company -- the nation`s largest -- said the job cuts will take place in December and throughout 2009. The company also plans to reduce capital spending next year.
DuPont warns of quarterly loss, to cut 2,500 jobs
Thursday December 4, 9:49 am ET
Chemical maker DuPont said on Thursday it expects to post a fourth-quarter loss and will cut 2,500 jobs as a steep drop in construction, car sales and consumer spending hurt its business.


Similarly there are series of other bad news… But markets are in green. This won’t continue though as the trend still remain negative.

Sunny!
...

Things Topsy-Turvy - 60 still possible?

Posted by : warren__buffet
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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Addressed to  Be and Make

Be and Make - Please help with your words of prophecy. Thinking RPL will touch 60 - i sold them at 74/-. Now its again moving upwards. Do u still feel i should wait patiently for it to touch 60? Please help before it becomes too late....

When to short this again

Posted by : Sunny_Chopra
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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Yes the trend is negative & there`s no point in buying the stocks. RPL will reach 60 and can slip even to 50 levels. I am not watching the price of the stocks. I am just monitoring the events & the trends. And the trend is negative. So I am shorting DOW, NASDAQ, NIFTY & US real estate (via ETF). I think we should not see the price levels to enter into RPL but should look for the trend reversal overall - meaning in the oil refineries sector as a whole.
Also, when RPL will be starting its production... that canl change the gears. Right now no levels are good to start fresh in RPL….Nither 60 nor 50.

Sunny!
...

In reply to:

When to short this again

Posted by : marketbear

commodities are down. All the commodities stocks will underperform the index. Rel Petro is sure to touch atleast level of 60 over next couple of weeks

rpl is a buy on every dip

Posted by : KARUNAS
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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Today loks to be a exceptional day, when the profit booking has not emerged at higher levels.

This has happened after a very long time.

Let see what happens tomorrow....

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rpl is a buy on every dip

Posted by : lele dede

now i feel that suspense should be over in this segment,because until & unless suspense remain it is hard to boost up this segment as so many heavy wieghts are being sold at dam cheap prices

rpl is a buy on every dip

Posted by : lele dede
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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now i feel that suspense should be over in this segment,because until & unless suspense remain it is hard to boost up this segment as so many heavy wieghts are being sold at dam cheap prices...

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rpl is a buy on every dip

Posted by : mars attack

dear investor every body in the world just want to know only one thing and that is the production date and let me tell you it can happen any time so dont wait for the production date accumulate in small lots.this stock is the future.

rpl is a buy on every dip

Posted by : shubhrasankar
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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Three big buys right now are RPL, Reliance Capital and Nagarjuna Fertilizers at damm cheap pricesssssss. Targets 88-91, 630-700 and 17-19...

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rpl is a buy on every dip

Posted by : lele dede

could any one tell me the exact date of production commence,so that i could also make some plan to buy.

rpl is a buy on every dip

Posted by : vemp
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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production is ready. waiting for domestic market to take ,as at any time govenment policy will annouce soon.Reliance is betting big on domestic marketing , this time more precautions are taken of earlier setbacks....

In reply to:

rpl is a buy on every dip

Posted by : lele dede

could any one tell me the exact date of production commence,so that i could also make some plan to buy.

rpl is a buy on every dip

Posted by : mars attack
Price when posted : BSE: Rs 73.55 ( 3.37 % ), NSE: Rs. 73.55 ( 3.37 % )

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dear investor every body in the world just want to know only one thing and that is the production date and let me tell you it can happen any time so dont wait for the production date accumulate in small lots.this stock is the future....

In reply to:

rpl is a buy on every dip

Posted by : lele dede

could any one tell me the exact date of production commence,so that i could also make some plan to buy.

rpl is a buy on every dip

Posted by : lele dede
Price when posted : BSE: Rs 73.75 ( 3.65 % ), NSE: Rs. 73.75 ( 3.65 % )

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could any one tell me the exact date of production commence,so that i could also make some plan to buy....

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rpl is a buy on every dip

Posted by : mars attack

rpl is a buy on every dip.accumulate this gem with a long term view.

rpl is a buy on every dip

Posted by : mars attack
Price when posted : BSE: Rs 72.55 ( 1.97 % ), NSE: Rs. 72.50 ( 1.90 % )

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rpl is a buy on every dip.accumulate this gem with a long term view....

Dont Sell Only BUY

Posted by : imeshindia
Price when posted : BSE: Rs 71.40 ( 0.35 % ), NSE: Rs. 71.30 ( 0.21 % )

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BUY RPL AT CURRENT LEVELS, You will see good upmove in this stock in coming weeks......

When to short this again

Posted by : marketbear
Price when posted : BSE: Rs 71.20 ( 0.07 % ), NSE: Rs. 71.30 ( 0.21 % )

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commodities are down. All the commodities stocks will underperform the index. Rel Petro is sure to touch atleast level of 60 over next couple of weeks...

In reply to:

When to short this again

Posted by : Sunny_Chopra

U.S. stocks closed higher in another roller-coaster ride… very very volatile today, after data showing a large surge in the count of Americans refinancing their homes bolstered financial and consumer discretionary shares.

Sunny!

strong sell rpl stt 62

Posted by : vkk43
Price when posted : BSE: Rs 71.15 ( -0.70 % ), NSE: Rs. 71.15 ( -0.70 % )

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This share has a strong support around 60/61....

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strong sell rpl stt 62

Posted by : indiaBullRaider

short sell rpl with immediate target of 62