Rnrl & Rpl

Marmara · #1 5th November 2007, 11:01 PM

Hello friends,

would it be wise to buy RNRL & RPL at the CMP ? please guide me, thank you very much.

Kumar

cmxcix · #2 5th November 2007, 11:31 PM

high risk @ reliance stock at cmp. overvalued many times. you can invest for long term target of 2 years min. best luck.

sam1233 · #3 6th November 2007, 02:57 AM

I think you can buy RPL, since it got corrected last two days.. went up to 294 and then 260 and then now 267.55. Looks like it already got support at 260 levels..

compared to RNRL I guess RPL has still more room. RNRL has been over valued in very less span of time..

yogesh_cbe · #4 6th November 2007, 03:34 AM

Can any one shed some light on RNRL.

I have a small quantity of this stock (RNRL) but i am curious why it is going up as if there is no tomorrow !!!!

There are more news about more block deals as well. (Remember 128 lakh shares were traded yesterday in Futures) Is it just because of the news that RNRL and RIL agreed for negotiating the gas deal ???

My personal view is that since more and more new domestic investors are coming in to the stock market (including me ) i think now the good will of a company will play a huge role. So even if Reliance posts a result of 12 % increase in profit people will look it great than the companies that produces 14 or 15 % profit. It is my own view i may be wrong !!! please correct me if am wrong.

If you have any other thoughts please share with us ..

Jugal · #5 6th November 2007, 06:52 AM

I too hold very small quantity of RNRN bought @109, I think today it will touch definately 200, No one know the the news for rnrl,
also yes'day i bought RPL @277 & Now 265 ,
if we any correction today RPL will stuck at same rate to 265,

Well see happens,
Happy trading

sam1233 · #6 6th November 2007, 07:05 AM

I also have small quantity in RNRL (around 216, at 130).. seems like rnrl is just movin since everyone is investing on it thinking its momentum is more..

Now this is RPL's turn to go up...

yuvrajjj · #7 6th November 2007, 09:55 AM

SEBI will be investigating the unexpected rise in RNRL. RPL looks healthier.

rider.royal · #8 6th November 2007, 10:30 AM

SEBi always investigate but didnt come with concrete results in time. I have read in newsmagzine yesterday that it is also investigating which FII sold on day when it announced about P-notes and no results yet....

My view is RNRL is growing more on hype right now due to view presented on TV for its good long term prospects.

vachhanipm · #9 6th November 2007, 12:47 PM

hello,

RNRL: 178/-
RPL : 236/-

WHERE R THEY GOING?????

rajesh.sadhanala · #10 6th November 2007, 03:36 PM

I hope that no one has take fresh open positions today. Nice pullback for RPL after a long hiatus.