Rural Elecrification Corporation Ltd.

crown

Well-Known Member
#2
I had bought 3 lots of Futures @ 353 today. :confused:
But price came down drastically after my purchase. :(
Any thoughts, word of wisdom are welcomed ;)
Namaste
I am not an expert at all; but just sharing my views

The script is in strong uptrend. and Your entry, in my view, is at appropriate level and at appropriate time. I might have done the same. but, as I have understood, the markets are designed to scare the weak holders.

Therefore, all I can suggest is to hold the script. No major downside is seen. Rather, it is very likely to give ample gains.

It was just due to increase in volatility when the script is supposed to break the resistance at 360 level, which if broken we can expect the script to touch/cross 380.
 

Prashant Patel

Well-Known Member
#3
Namaste
I am not an expert at all; but just sharing my views

The script is in strong uptrend. and Your entry, in my view, is at appropriate level and at appropriate time. I might have done the same. but, as I have understood, the markets are designed to scare the weak holders.

Therefore, all I can suggest is to hold the script. No major downside is seen. Rather, it is very likely to give ample gains.

It was just due to increase in volatility when the script is supposed to break the resistance at 360 level, which if broken we can expect the script to touch/cross 380.
As i said any words of wisdom are welcomed.
:clapping:
 

Prashant Patel

Well-Known Member
#4
Suzlon Energy Ltd

I Have bought Suzlon Energy Shares @ 85/-.
Thereafter there have been downside in this scrip. It was also said that this scrip might go down till Rs. 30/-.
Is there any chance of further down side in this scrip?
 

Prashant Patel

Well-Known Member
#5
Cranes Software International Ltd.

I have bought this scrip @ 34/-.
This scrip has been hammered till Rs. 6/- can one expect this scrip to rise again?
 

Prashant Patel

Well-Known Member
#6
India Bulls Power

Hi!!! I have IBPower @ 29/-
I'm gonna hold it for long term for 3-4 years.
What target should I anticipate for this time frame?
 
#7
Re: India Bulls Power

swith to ntpc or rpower, if u want to be in power, as the industry still not come into force, best to remain with large cap as he they have more capicty, they will be the leaders in the sector and leaders will get premium/
 
#8
Re: Suzlon Energy Ltd

down side target almost acheived now wait for the results and other news from the company if u feel a shift in fundamentals happening than jump in, They r still the largest company in the sector and alternative source of energy is here to stay.
I Have bought Suzlon Energy Shares @ 85/-.
Thereafter there have been downside in this scrip. It was also said that this scrip might go down till Rs. 30/-.
Is there any chance of further down side in this scrip?
 

Prashant Patel

Well-Known Member
#9
Re: India Bulls Power

swith to ntpc or rpower, if u want to be in power, as the industry still not come into force, best to remain with large cap as he they have more capicty, they will be the leaders in the sector and leaders will get premium/
RPower was also been hammered from it's listing high.
For NTPC there is no doubt in it, I also agree with you.
 

Prashant Patel

Well-Known Member
#10
Re: Suzlon Energy Ltd

down side target almost acheived now wait for the results and other news from the company if u feel a shift in fundamentals happening than jump in, They r still the largest company in the sector and alternative source of energy is here to stay.
Can I enter at this level again so as i can avegare it.
What will be the target for 3-4 years?
 

Similar threads