Please guide me on rpl

#1
What is the present status of rpl? I have plans to hold it fr med term. My buy price is 251. In the present trend, how much downside do you friends expect for rpl? should i sell it now and buy at lows? Please guide me on this.Any idea about immediate upside target on this stock?
 

sudoku1

Well-Known Member
#4
What is the present status of rpl? I have plans to hold it fr med term. My buy price is 251. In the present trend, how much downside do you friends expect for rpl? should i sell it now and buy at lows? Please guide me on this.Any idea about immediate upside target on this stock?
TECHNICALLY SPEAKING ON A MED TERM BASIS.....only a sustained close below 148 will alter the outlook......it does not mean that 148 is the target.....from 148.....rpl went ransak to around 300 without a breather...& this downtrend is just the slicing of xtra f& o froth......hopefully.....its a hold with a closing stop of 148...a buy was generated much lower than this....so only old holders can stick on to the risk of 148.....entries abv 175....had entered in the wilderness & hence no protection on technical fronts......:eek:
 
#7
ya
u can hold but dont expect returns so soon. it may take 6 months to 1 year for it to see 250 u may try n average. u need to do lot of work to come out of it. depends on how u trade.
 
#8
I am of the view that this scrip has risen beyond its fair value of Rs. 150/- as per its current financials.. but traders are discounting the future earnings FY '09 now itself and I feel we should sell at current levels and buy atRs. 150/- per share...
 
#10
yes, If any one want to earn profit, My suggestion would be to sell RPl NOW, and buy back at 150 levels(or even below), If all prediction comes true, Ur gain is high. Or atleast, your loss is minimum.

No need to have expert to predict, RPL is going down, some expert predict, for this month, it has support at 190-180 levels.
 

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