General Trading Chat

This week will be interesting to watch Reliance movement. Almost everyone is predicting a fall because of the news however experts like Tulsian and Gujral say it won't inpact and may even move up. Would they be privy to more info than what the public has or are they just being naive? I will wait and watch..and that will answer my question on who the "operator" is
Whatever happens to Reliance, the banks that do business with Reliance are likely to face the heat :)
 
PT ji Reliance has broken out of nearly a 9 year range. I would be very very surprised if Reliance were to come to 3 digits ever again in the next 5-10 years. I know i am sticking my neck out. I would be buying all falls till we are above 1000 and keep on adding to my positions.Once the news dies down, it will be a fit multibagger for the next few years. More so with leverage. So from now on whenever it closes above last PDC of OBV i would be a buyer. (That would signal to me that the selling if any, in this counter has stopped)
 
Whatever happens to Reliance, the banks that do business with Reliance are likely to face the heat :)
TP ji Reliance is a cash rich company. It does not borrow much from the banks. Shelling Rs.1000 cr as a penalty is just chick feed for them. The GRM's with crude going down will more than adequately cover for this one time blip. Knowing that the punter that he is, you never know he himself might have orchestrated this news to make his friends and Fii's buy reliance share cheap.
 
PT ji Reliance has broken out of nearly a 9 year range. I would be very very surprised if Reliance were to come to 3 digits ever again in the next 5-10 years. I know i am sticking my neck out. I would be buying all falls till we are above 1000 and keep on adding to my positions.Once the news dies down, it will be a fit multibagger for the next few years. More so with leverage. So from now on whenever it closes above last PDC of OBV i would be a buyer. (That would signal to me that the selling if any, in this counter has stopped)
If i am Operator, how do i eat this news.

I will Bring The Market Gapdown at opening and mostly via heavy weight Reliance , keep pushing the market as if its a Sell Market. and then Close the Market as it is today, I will trapp all the shorts with the news
 

VJAY

Well-Known Member
If i am Operator, how do i eat this news.

I will Bring The Market Gapdown at opening and mostly via heavy weight Reliance , keep pushing the market as if its a Sell Market. and then Close the Market as it is today, I will trapp all the shorts with the news
Bhai hindi mein likho ye apne ko samajh nahin aata sorry:p:p:p
Kyaa praveen bhai aap bhee .......:):D
 
This week will be interesting to watch Reliance movement. Almost everyone is predicting a fall because of the news however experts like Tulsian and Gujral say it won't inpact and may even move up. Would they be privy to more info than what the public has or are they just being naive? I will wait and watch..and that will answer my question on who the "operator" is
Praveen bhai
Kuchh nahi hone wala. Yadi market gira bhi to mamuli hi girega, nahin to voh bhi nahin. main bahut dimaag laga chuka, bari giravat kahin nazar nahin aa rahi hai.

Baki upar wale ki marji.

Aur aap ka tukka system kya kehta hai.
 

simplebuthard

Working as Trading Assistant. Hire me !!
This week will be interesting to watch Reliance movement. Almost everyone is predicting a fall because of the news however experts like Tulsian and Gujral say it won't inpact and may even move up. Would they be privy to more info than what the public has or are they just being naive? I will wait and watch..and that will answer my question on who the "operator" is
I really doubt whether the stock will see a big fall because of the fine or for being convicted.
 
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