Re: Bloodbath on the market
RNRL and RPL are not good stocks. And the stocks that are indeed good like RIL etc you can't ask for better levels, in the market at some point you have to take a call on the fundamental value and then compare that to the market value and when you feel that the ratio is favour of the fundamentals you have take that risk of losing 5,10,15% and go out and buy. Have conviction in your analysis and the fundamentals of the company. Excesses will always happen in the market both on the upside and on the downside and to me this looks like an excess on the downside. Investors have to take advantage of these excesses, traders make their money on price fluctuations and volatility and as they say 'Those who live by the sword, die by it'.