Channeled view at RNRL

MiLiNDOnline · #31 7th January 2008, 10:18 PM

Quote:

Originally Posted by winstonn

hi milind, waiting for a pullback or other signals to go long!

Hi Winstonn,

Do you think 300 on charts on RNRL till Feb end?

Regards

viraj07 · #32 7th January 2008, 11:21 PM

One of the Biggest Indian Brokerages is of the view that RNRL prices will double by FEB 2008 end .

MiLiNDOnline · #33 8th January 2008, 08:14 AM

Quote:

Originally Posted by viraj07

One of the Biggest Indian Brokerages is of the view that RNRL prices will double by FEB 2008 end .

Hi,

IS there any specific reason they have provided behind this to get the price doubled?

Now its around 230 level so we are talking about 460 Rs a share level?

Please let me know your views.

viraj07 · #34 8th January 2008, 09:56 AM

The Brokerage cited the launch of the R-ADAG NFO as the reason for the expected rise in the value of the stock . However they fell short to put a value to the RNRL , two months from now . But they siad that they expected it to approximtely double.

digest · #35 8th January 2008, 11:13 AM

RNRL price is rising , I don't know whether it will get doubled? but at this level is it adviseable to enter?

MiLiNDOnline · #36 8th January 2008, 11:48 AM

Quote:

Originally Posted by viraj07

The Brokerage cited the launch of the R-ADAG NFO as the reason for the expected rise in the value of the stock . However they fell short to put a value to the RNRL , two months from now . But they siad that they expected it to approximtely double.

A Possibility seems rare.

viraj07 · #37 8th January 2008, 11:34 PM

Dear Friend , what makes you think that RNRL will not double approx. by end of FEB 08 ?
I received this BUY -RNRL advise when the scrip was hovering around Rs 180 . Then I had my reservations but kept watching it . Because the tips I have received from them have always proved correct . ( I have my DEMAT account with this BROKERAGE)

The day it jumped to 200+ , i entered . I think that was FRIDAY last , 4th January 2008. Since then i have purchased gud number of RNRL. Even today i purchased RNRL @ 243. I have no qualms. I plan to add more on dips .

I am not recommending you that you go and buy it . I am putting facts. You can verify things at your end, if you wish to enter .

prabhjeetrana · #38 8th January 2008, 11:49 PM

RNRL is good for atleast 300 and possibly for even 380 levels in this move, those who entered at around 200 levels should not think of selling it , otherwise be ready for lot of frustation

viraj07 · #39 9th January 2008, 08:28 AM

Checking out the Volume/turnover figures in Today (9th Jan 2008) morning's newspapers tells me that RNRL has good volumes , beside the rising prices .

Rising prices with good volumes tells us that there is some steam in the scrip.

MiLiNDOnline · #40 9th January 2008, 09:22 AM

Quote:

Originally Posted by viraj07

Dear Friend , what makes you think that RNRL will not double approx. by end of FEB 08 ?
I received this BUY -RNRL advise when the scrip was hovering around Rs 180 . Then I had my reservations but kept watching it . Because the tips I have received from them have always proved correct . ( I have my DEMAT account with this BROKERAGE)

The day it jumped to 200+ , i entered . I think that was FRIDAY last , 4th January 2008. Since then i have purchased gud number of RNRL. Even today i purchased RNRL @ 243. I have no qualms. I plan to add more on dips .

I am not recommending you that you go and buy it . I am putting facts. You can verify things at your end, if you wish to enter .

As per your views it will go on increasing right?

But you specified that . I plan to add more on dips .
--> What dips here we are looking at, as if its uptrend according to you is likely to continue?