Reliance Infra

#28
Well Reliance Infra is consolidating right now. The Operators are trying to creating Panic among the existing share holders. They want them to sell at 2000 -2200 levels so that they can accumulate. Also the operators know that the big b SEBI is watching. So they will bring the stock to near 1800 levels & then from there it will go to 5000 levels in mid december. From there till March 2008 the stock should touch 10K levels...

The base for this is that all the Reliance SEZ & Port work will be done by RIIL & JAICORP...

Hold both this stocks for long term..

Niraj
 
#29
Mukesh Ambani sold the stock at 3049.25 if the stock was going to 5000 or 10000 why would he sell it. If Reliance Infra is going to get a lot of orders (for SEZ etc.) won't Mukesh Ambani know about it ? And if the company is going to get restructured again he would know. So, there is one fact that proves that all the rumors are false and that is Mukesh Ambani sold 149687 shares through his private compnay Aavran Textiles Pvt Ltd at 3,049.25 on 23-Oct-2007. What anyone gives as a target sounds like motivated advise to me and is like shooting arrows in the dark. Why risk your money buy something safe like RIL maybe there is so much happening in RIL apart from refining the SEZ in haryana, KG Basin, Retail that it is bound to give good results and grow.
 
#30
Mukesh Ambani sold the stock at 3049.25 if the stock was going to 5000 or 10000 why would he sell it. If Reliance Infra is going to get a lot of orders (for SEZ etc.) won't Mukesh Ambani know about it ? And if the company is going to get restructured again he would know. So, there is one fact that proves that all the rumors are false and that is Mukesh Ambani sold 149687 shares through his private compnay Aavran Textiles Pvt Ltd at 3,049.25 on 23-Oct-2007. What anyone gives as a target sounds like motivated advise to me and is like shooting arrows in the dark. Why risk your money buy something safe like RIL maybe there is so much happening in RIL apart from refining the SEZ in haryana, KG Basin, Retail that it is bound to give good results and grow.
What you said could be true. But one thing is for sure that somebody is accumulating RIIL stocks by creating panic and making retail share holders to sell. Just check the volume and the delivery percentage. Normally when the stock hit LC it is on a very small volume and nobody is given an escape route. In this case, all the sell orders are mopped up by the day end. Whatever the case may be, my intuition says hold on to it and accumulate more if it goes below Rs.2000/- . May be I will burn myself but I am going to take this risk.
 

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