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Old 9th November 2007, 04:47 AM
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Default stuck!! suggestions needed!!

hey guys bought 2 shares-when can i expect it to raise??

1)jindal steel and power at 13000-presently at 10,600
-what i've researched about jindal is that it has entered into a mutual fund contract with reliance energy,icici prudentials and kotak.Reliance energy had diverted half of its projects and money to reliance power ipo...and even icici pridentials also has a mutual fund tie up wid reliance energy..

now reliance ipo is said to bring an investment from fii's and retailers of about 2.5 ro 5 billions..which will boost the reliance energy and indirectly jindal..

is my reseach correct..when can i expect it to raise??

2)reliance petroleum-bought two times wid an average of 215..as the market is correcting the overvalued stocks of rpl and rnrl..there's a buzz that it wont budge anymore till next january..maximum it'll reach to 270..when can i expect it to raise as it previously did??
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Old 10th November 2007, 02:45 PM
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Default Re: stuck!! suggestions needed!!

hey anyone??
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Old 10th November 2007, 03:43 PM
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Default Re: stuck!! suggestions needed!!

jindal steel and power: It will not fall more than current market price..or max upto 10025.
RPL: hold for atleast 1.5 to 2 years for good profits..

Last edited by daitya; 11th November 2007 at 12:54 AM.
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Old 10th November 2007, 05:02 PM
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Default Re: stuck!! suggestions needed!!

Hi,

Bought Hercules hoist at 7400. But it is hitting LC for few days and currently trading at around 5500. Should i hold or exit from this scrip. When will it turn upwards. Suggestion needed plz.

Thanks!!
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Old 11th November 2007, 12:16 AM
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Default Re: stuck!! suggestions needed!!

Quote:
Originally Posted by pranesh.gokul View Post
Hi,

Bought Hercules hoist at 7400. But it is hitting LC for few days and currently trading at around 5500. Should i hold or exit from this scrip. When will it turn upwards. Suggestion needed plz.

Thanks!!
Well..It may fall upto 5000-5100 level but not below that..
On 8th Nov bulls tried but failed so there are more chances that it will further slips..upto 5000-5100 level.
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Old 11th November 2007, 02:05 AM
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Default Re: stuck!! suggestions needed!!

Quote:
Originally Posted by daitya View Post
Well..It may fall upto 5000-5100 level but not below that..
On 8th Nov bulls tried but failed so there are more chances that it will further slips..upto 5000-5100 level.
Thanks for your reply daitya..
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Old 11th November 2007, 03:28 AM
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Default Re: stuck!! suggestions needed!!

Quote:
Originally Posted by daitya View Post
jindal steel and power: It will not fall more than current market price..or max upto 10025.
RPL: hold for atleast 1.5 to 2 years for good profits..
hey daitya thanx 4 the reply..any particular reason for this deduction??
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