Rpl

Guys,
I have bought RPL @265.8
What is the short-term target on this....say 1 month from now?

294 and from then 340 to 400

Question & Answer by expert Mr S.P.Tulsian on his site www.sptulsian.com under 'stock query' section:

Query by Yogesh,

Sir I have 500 RPL @ rate of 110 and i can hold them for long period like three-four years so what will be the future prospectes?Or What will be the status of company

Ans : Hold the stock for atleast 24 months. Refinery would start production by September 08 and due to Nelson Complexity Index of 14 of refinery GRM would always, remain very high. Future of the company is excellent

HELLO, i AM AKASHG

sHORT TERM TARGER 500/

whats reason of big fall in Rpl in last two days.

Its a bit technical but i believe the enc. excel will answer your question...... actually the damage was done on 5th Nov which led to a massive sell off yesterday.

Nice explanation by Rajaram as usual.

The next few trading sessions will be very important for RPL. A retracement of 33.3% is a nice pullback for an entry but need to have a firm SL to reverse the trade in case of what if scenario. This is one side of the story and we may need to hear the other side from Rajaram in Futures.

Rj