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Reliance Industries
Mother of all Bears waiting
Posted by :
ravieriaTracked by: 0 Boarder
Friends,
I believe in the long term India growth story, but at the same time my rational thought is that there is a sharp pull down in waiting. The news from west is not good at this point of time. Many companies are issuing pink slips. US, Europe in recession. China & Asia de-growth. Indian IT companies are seeing the revenue streams drying already. I would take a cautious approach for next 8 - 12 months. A long recession is underway.
Regarding Reliance, the stock is correctly valued - with it`s chemicals and down stream businesses benefiting from crude price drop. But Exploration & other biz. such as Retail ventures taking a big hit. Expect a fall below 900 to buy it for long term.
Thanks,
Ravieria...
Buy Reliance Industries, target of Rs 1880: Angel
Posted by : ramesh.sahuTracked by: 0 Boarder
i bought ril 10 shere @1795.im common invester ninvest our hard work money in market in the hope to get good retern.on recomendation many broker house i bought ril.pl.tellme any can i avarage ril at cpm.my time duration is 3yrs.pl help...
In reply to:
Buy Reliance Industries, target of Rs 1880: Angel
Posted by :
MMB Messenger
Angel Broking has maintained its buy rating on Reliance Industries with a target price of Rs 1880. The government has asked Reliance Industries (RIL) to supply natural gas from the company`s eastern offshore D6 fields to the beleaguered Dabhol power plant, a segment that gets top preference for gas allocation along with fertiliser units. 
Buy Reliance Industries, target of Rs 1880: Angel
Posted by : MMB MessengerTracked by: 0 Boarder
Angel Broking has maintained its buy rating on Reliance Industries with a target price of Rs 1880. The government has asked Reliance Industries (RIL) to supply natural gas from the company`s eastern offshore D6 fields to the beleaguered Dabhol power plant, a segment that gets top preference for gas allocation along with fertiliser units....
Reliance may not see four digit mark again
Posted by : kadiyaliTracked by: 1 Boarder
polavarapaud, market has appreciated very fast from 2500 level, so longs should be avoided...
In reply to:
Reliance may not see four digit mark again
Posted by :
polavarapuad
kadiyali sir, thanks for your reply, but my question was not specifically for reliance but over all market, can we go long for monday and at what level, thanks, Anju.
When Bakra Idd ??
Posted by :
amrakunjTracked by: 0 Boarder
small investers are bbakra for big elephants, at current level they are feeding kaju pista to them . ...
Reliance may not see four digit mark again
Posted by : polavarapuadTracked by: 1 Boarder
kadiyali sir, thanks for your reply, but my question was not specifically for reliance but over all market, can we go long for monday and at what level, thanks, Anju....
In reply to:
Reliance may not see four digit mark again
Posted by : kadiyali
polavarapuad, today is not a day for buying RIL. If you want to buy for long term, wait for clear 2 months. If for short term, wait for an opportune day, it will come shortly. Will let you know soon.
Reliance may not see four digit mark again
Posted by : kadiyaliTracked by: 1 Boarder
polavarapuad, today is not a day for buying RIL. If you want to buy for long term, wait for clear 2 months. If for short term, wait for an opportune day, it will come shortly. Will let you know soon....
In reply to:
Reliance may not see four digit mark again
Posted by : polavarapuad
Kadiyali sir, have been following your messages, since you track the market closely, please tell when to re-enter positions today or no need to buy today? thanks, Anju.
Reliance may not see four digit mark again
Posted by : polavarapuadTracked by: 1 Boarder
Kadiyali sir, have been following your messages, since you track the market closely, please tell when to re-enter positions today or no need to buy today? thanks, Anju....
In reply to:
Reliance may not see four digit mark again
Posted by : kadiyali
Dear bhusbhac, hope your After Hours order at 1170 for RIL has been executed today. We will wait for one more opportunity to enter again.
Reliance may not see four digit mark again
Posted by : kadiyaliTracked by: 1 Boarder
Dear bhusbhac, hope your After Hours order at 1170 for RIL has been executed today. We will wait for one more opportunity to enter again....
In reply to:
Reliance may not see four digit mark again
Posted by : bhusbhac
Dear kadiyali - Fine will do it. I will put a sell order at 1170 on OPEN in After Hours position and revise the same downwards if necessary. I felt that should RIL sell off majorly during the day I will buy back since it saves brokerage of around .7% which is almost 10 points. So technically if I get 1150 it is okay. I have taken your advise but refined it a little to try out a day trade and extend it a little although there is some element of risk.
I intend to strictly adhere to a call which is taken but this time since there is an impending stimulus package I have made this alteration. Also I did purchase 2 public sector banks also much the same way and they have appreciated by the same percentage in the last two days! I have not booked any profit as yet but I will review and take a part action tomorrow.
Reliance may not see four digit mark again
Posted by : kadiyaliTracked by: 1 Boarder
Dear bhusbhac, hope your After Hours order at 1170 for RIL has been executed today. We will wait for one more opportunity to enter again....
In reply to:
Reliance may not see four digit mark again
Posted by : bhusbhac
Dear kadiyali - Fine will do it. I will put a sell order at 1170 on OPEN in After Hours position and revise the same downwards if necessary. I felt that should RIL sell off majorly during the day I will buy back since it saves brokerage of around .7% which is almost 10 points. So technically if I get 1150 it is okay. I have taken your advise but refined it a little to try out a day trade and extend it a little although there is some element of risk.
I intend to strictly adhere to a call which is taken but this time since there is an impending stimulus package I have made this alteration. Also I did purchase 2 public sector banks also much the same way and they have appreciated by the same percentage in the last two days! I have not booked any profit as yet but I will review and take a part action tomorrow.
At what price will reliance close in this dec expiry
Posted by : Expert27Tracked by: 1 Boarder
@ basruru
good call .. ...
In reply to:
At what price will reliance close in this dec expiry
Posted by : basruru
Short reliance immediately,Good gain expectd.
At what price will reliance close in this dec expiry
Posted by : basruruTracked by: 1 Boarder
Short reliance immediately,Good gain expectd....
In reply to:
At what price will reliance close in this dec expiry
Posted by : Expert27
what to do reliance @ 1180
call ya put ?
At what price will reliance close in this dec expiry
Posted by : Expert27Tracked by: 1 Boarder
what to do reliance @ 1180
call ya put ?
...
In reply to:
At what price will reliance close in this dec expiry
Posted by : Expert27
i hold 1020 put @ 68rs and i feel i lost mine money
when i got the put at that time i felt that this stock will make oct lows and will touch 800 rs but it just don`t seems like now
cut exposure
Posted by : marketbearTracked by: 0 Boarder
but they still significant part of the FII money and will continue to drive liquidity accross the world and will make markets move according to liquidity...
In reply to:
cut exposure
Posted by : bhusbhac
Dear marketbear - Global growth is expected to be triggered from China and India. I dont know why we should keep looking at DOW. Anyway at this point of time at 9:00 om it is trading FLAT.
We can look forward to a good enough stimulus package on Saturday. So if you have to exit from some positions it may be worthwhile to keep at least a part of it and exit on Monday morning.
Leave alone the USA markets. These people have double standards and have no idea what they are doing. Even Dr Condoleezza Rice the way she turned around in Pakistan clearly show that they have lost track on what they should be doing, where they should be investing and are losing CLOUT & POWER! They have really nothing much to offer and contribute to the rest of the world.
Once we have our oil and gas production we will be nearly our goals of self sufficiency.
Despite all the lapses even as a fallout of the terror attacks in Mumbai please do still have trust and faith in our Indian administration.
If crude keeps falling....Make hay while the sun shines!
Posted by : bhusbhacTracked by: 0 Boarder
Crude falling further would indicate a GLOBAL RECESSION and even China would be severely affected.
India is still a 67% agriculture economy so the impact on the remining 33% of the economy would mean critical problems for a large number of urbanites losing jobs which is insignificant to our population but generally we would have cost reductions everywhere to the point what it was 4-5 years back.
1. Cost of Maruti will come down dramatically and give a stiff competition to Nano which will become immensely profitable to Tata Motors.
2. Cost of the site which you dreamt about will cost 50% less.
3. Cost of going to restaurants will be down even more than ever before. You can expect a buffet at 5 star hotels at Rs 100 to Rs 200.
4. Cost of fuel will be down by at least Rs 10 per litre on petrol and cost of power will come down by around 30%!
Of course RIL profits will come down for some time but then we can forget the stock markets for a while and enjoy ourselves with our savings if we have any.
We must capitalise these moments no matter for how a brief period it may be.
From that point India will emerge as the leader for GROWTH since we would have been damaged the least. Even China whose industrialisation is much dependent on the G3 nations will be down in the dumps!
We should emerge winners whatever happens!
...
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