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| Discuss Will Relinfra come down to 700 again? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; i heard that the company is buying back its shares.......... so is there a chance ... |
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#1
26th July 2008, 08:01 PM
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Will Relinfra come down to 700 again?
i heard that the company is buying back its shares.......... so is there a chance for it to come back. i want to take a long position in it. Is it advisable to wait for a chance or should i enter at the current level?
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#2
26th July 2008, 08:45 PM
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Re: Will Relinfra come down to 700 again?
I doubt so...ADAG shares might outperform market....they will do well till tenure of present government gets over since SP is close to Anil.
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#3
26th July 2008, 10:09 PM
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Re: Will Relinfra come down to 700 again?
Quote:
+ there comes the market trend in mind n why not it will not come down to 150 in future? (so stop loss comes into mind again). so if the above criterias r met then why donch put 25% of planned cap here? its not the business to look for ne particular price level to entry or exit. unless u r in a position to influence the price. my subjective view regards.
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| The Following User Says Thank You to deb99891 For This Useful Post: | ||
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#4
27th July 2008, 03:44 AM
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Re: Will Relinfra come down to 700 again?
Could be possible!
Quote:
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#5
13th August 2008, 06:58 AM
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Re: Will Relinfra come down to 700 again?
Hello everyone,
I have been tracking RELINFRA for sometime now. It has reversed from 1120 levels, and infact, visited a low of 1073 yesterday. There are chances of revisiting 1000 if Nifty goes towards 4400 today. But for now, this is a stock to buy on dips, preferably around 900-950 levels. Unless Nifty breaks 4200, it is highly unlikely that it will go to 700 levels again in the near term. Paresh
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