Rpl

[rajaa]

Even i was expecting RPL to bottom out but the way it has made its comeback today is not the ideal thing that RPL should have done, a slow rise would have been better but this sharp rise looks like a correction in down trend which may see even a steeper fall, friday should decide RPL fate for next 2-3 weeks

i bought 2000 shares at 189 today, hope it does even better tomorow

 

[rajaa]

NOT SO SOON MY FRIEND........! the last hour selling climax has once again punctured the sensex.....read my thread.....' bulls....exit full "....if sensex is unable to close abv 19025....TROUBLE FOR BULLS LURKING AHEAD....!!!!

u right , i just get excited very soon

 

[yksarmay]

u may depend upon this come back
since it is under close observation of sebi they wont play any tricks now.

 

[sam1233]

RPL seems to be speculative stock..

The way it come up, the way it will go down!! NO DOUBT ABOUT IT. May be one more round of SWEEPING retail investors money.. by cow boys!!!!

I am just to watch from outside!! I redistributed by selling this stock to some other stocks, which are NOT speculative.

 

[ajsin]

due to buying of lots for arbitrage between f@o nse cash........... it went up plus shorting was covered

 

[MiLiNDOnline]

Even i was expecting RPL to bottom out but the way it has made its comeback today is not the ideal thing that RPL should have done, a slow rise would have been better but this sharp rise looks like a correction in down trend which may see even a steeper fall, friday should decide RPL fate for next 2-3 weeks

Hi,

Not sure why RPL was suddenly up in last trading session yesterday, is there any news came out due to that, RPL went up so quickly.

Thanks.

MiLiND

 

[Marmara]

Shrikanth's Views:

on Tuesday, November 27, 2007

Reliance Petro opened up smartly but then there was again huge interest for this counter and it crossed 95% limit again. Bears sensed this and hence there were lot of shorts in this counter. I believe this will explode any time but when is the big question? It will be very soon.

on Friday, November 30, 2007

Markets moved up smartly yesterday but based on the positions markets had to give up the gains as it was the settlement day in F & O yesterday.

However if there was one stock which hogged the limelight, it was RPL. As I was expecting it to explode any time, it did in style in the last hour. This was presumably because of huge short covering which came at the last minute. Today we will have new series beginning in F & O and so we should see smart rally in the counter till 250 before consolidation. DO NOT worry about short term movements but try to make some free stocks where ever possible. I certainly see RPL around 1000 Rs in next 2 years.

RPL reminds me of the quote that I like " When you do not see Stars in the sky, it does not mean that they have disappeared forever, it is only a matter of time before the clouds move away and you see the stars twinkle again".

But ICICI direct is askin to book profits

 

[Prabhjeet]

Hi,

Not sure why RPL was suddenly up in last trading session yesterday, is there any news came out due to that, RPL went up so quickly.

Thanks.

MiLiND

Its all due to the F&O play now, i dont think that irrational movements of RPL are hardly predictable now, those who have got it around 190 levels should hold on ,others should ait for this volatility in stock to cool down

 

[[email protected]]

hi friends... i am new to this site... n really impressed with the intense discussions over here..

As far as RPL is concerned... my take is that the truth will lie somewhere in between the poles we are discussing...

RPL is a good stock in long run... may b a year or so... but i beleive since everyone knows it.. market has already discounted the future...

My take will b to be cautiuos n buy only at sub 200-205 level.... n book profits at 230-235..

The stock will b volatile before the refinery is operational... so we can always buy back...

I am up comments from friends here....

 

[MiLiNDOnline]

Even i was expecting RPL to bottom out but the way it has made its comeback today is not the ideal thing that RPL should have done

Hi Prabhajeet,

I have got some info about the Merger between RIL and RPL, I am holding RPL shares. First question is how true this information is and if it is true that what kind of affect it will have on RPL and RIL stocks in coming days!

What information I have heard from my friend sources is RIL is planning the merger with a 20 = 1 Share ratio i.e. 20 shares of RPL = 1 Share of RIL. This is the info. I have heard but I am not sure the trueness about this information / news. Is any of the board members have any concrete info about it, from an trustworthy source (which is very important)?

If this information is true- I can see possibilities like RPL is going down and down till Rs 150 175 price ranges to make sure that 20 = 1 merger will be done and in the mean time RIL can go up to 3000 Rs to support.

I also tried searching about the supportive info about the merger on internet but I couldnt find such info. These are my views; it will be helpful if senior members can share their views as many of the members here including me are holding RPL!

Thanks & I look forward to your reply / views on this which will be helpful for all the board members!

Regards,
MiLiND