Reliance Infra

Both Jai and RIIL fluctuate like crazy without any sense. Wonder what the operators feel, which makes them play with the price in this absurd manner. One day its up by 100 rupees and next morning down by 100. Surely starting to get a bit irritating
 

jnj333

Active Member
Both Jai and RIIL fluctuate like crazy without any sense. Wonder what the operators feel, which makes them play with the price in this absurd manner. One day its up by 100 rupees and next morning down by 100. Surely starting to get a bit irritating
Kindly take a long term call of atleast 12 months and dont worry about day to day volatility. These are not easy stocks to do short term trades.
 
After the JaiCorp bonus issue, most of the investors have bought into Reliance Infra.
Until all weak hands sell their shares with frustations, opearators will keep playing the game. Eventually when you give up and sell your shares and operators are convinced that nothing much is left with the public, only then you will see the share rising to dizzying heights.
The timeframe for this to happen can not be accurately predicted. It can be tomorrow, next week or next month.
 
After the JaiCorp bonus issue, most of the investors have bought into Reliance Infra.
Until all weak hands sell their shares with frustations, opearators will keep playing the game. Eventually when you give up and sell your shares and operators are convinced that nothing much is left with the public, only then you will see the share rising to dizzying heights.
The timeframe for this to happen can not be accurately predicted. It can be tomorrow, next week or next month.
Hi,

It's a good judement or guess you have made, but it is partially true...

Basically stocks like JC or RIIL thoroughly tests the patience of investors, and same is the case that has happened with most of the multibagger scripts, they wont shoot up overnight, it takes months, years to be so.. :)

So, hold on to it...

Thanks.
 
Hi Jnj,
In this current scenario what would be your advice to Jai Corp and RIIL holders. Will RIIL go back to below 1000 levels. Even if it does can it bounce back atleast in 6 months time.

Also Jai Corp support level of 1030 had been broken. What level this is going to go. Your word will be very much appreciated.

Thanks
SN
 
I am expecting continous LC without giving anychance to exit in both RIIL and JaiCorp for next 2 weeks. I am coming to this conclusion because almost all the stocks have gone back to the levels they were 4 months ago. Logically RIIL and JaiCorp should be in LC for 2-3 weeks to reach thoses levels,

Anybody Correct me if I am wrong.
 

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