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?

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.

there must be some funda/tech reason to go long
+ 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.

Could be possible!

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