Reliance Petroleum

awaiting for a surprising rally - Be and make

Posted by : Be and Make

dear manju - Still chevrons stance is unclear, when RPL was above 140+ then there is no chance to hike the stake but now it looks there may be a chance.

If chevron hikes its stake then it would be a good event for RPL.
with thanks
be adn make

RPL - Buy at Rs.101/- breaking it 66/-

Posted by : vkk43

Those who are investing for ST, they just square off their position if the share just falls below its next support level. So that is the importance of support level. RPL has been looking weak for quite sometime and I have been posting msgs to that effect.

Indian stocks dancing to global cues

Posted by : IT_Bulls

It`s okay to feel the fear.

But it`s not okay to react to it.

Panicking and making big changes in your accounts is likely to do a heck of a lot more damage than a recession ever could.

RPL - Buy at Rs.101/- breaking it 66/-

Posted by : Sriman35

101 - 84 - 66
What is the next support level if it breaks Rs.66/- ? 50...!

I will never understand why people rely on support levels given the severity of extreme liquidity crunch.

Regards,
Sri

RPL - Buy at Rs.101/- breaking it 66/-

Posted by : avrochan

In the ongoing turmoil, the stock can fall to 101/- and if that breaks,(Low today 116.40 - below 117) one can buy at Rs.84-85 levels; again if stocks are falling, then we may see RPL at 84 or Rs.66/-(year 2005-06 levels like other stocks). Let us wait and bid. Hope to recover the losses from RPL. These days it is free fall and no technical or fundamentals. These days no blue chip is spared. RNRL is hammered left right and from centre to 56.60 from 258. If the Index breaks below 10,000

Cues from FnO: Short term bounce?

Posted by : Be and Make

Dear chief – In my view, worst is not over. We have to see more bailouts in EU and in EMs. The crisis is waxing much and much it is marching from US to EU.
These relief rallies are to be used for re-constructing the portfolio.
With thanks
Be and make

Cues from FnO: Short term bounce?

Posted by : chief_kamani

Be and Make-From todays Market Prices one can feel that there is a light at the end of tunnel!!The Crisis may be waning away slowly!!But damage done cannot be repaired in a Day!!!

awaiting for a surprising rally - Be and make

Posted by : manju_berlin

Dear Be and make

Do you know what Chevron India Holdings Pte Ltd is doing about 5% share on RPL?

Thanks in Adv.

Cues from FnO: Short term bounce?

Posted by : Be and Make

dear chief - No, is my immediate answer. We are not out of wounds, i never gave any fixed support price for the indices because we are not in the bear market we are in the global financial crisis. Please go through my previous messages (in my blog also you can see them).
----
Tuesday, September 30, 2008 (http: //stockstowin.blogspot.cam/)
Bear markets can be classified in two terms broadly one is time based correction (sustains more than 18 months) and the other one is value based correction (slips nearly 50% from its peak). We are almost reached the value based correction at this point of time but we are just 9 months old that’s key point we should have to consider.
Of course we can get some cues from the history but I will not rely on them for to evaluate as ideal examples because we should evaluate the current conditions (like micro and macros) then only we can come to the right decision.

So, our micro and macro picture is not good. Still we are trading at high price multiples when compared to the global emerging markets,
We are facing the so many problems right now like
1. Global financial crisis
2. Huge liquidity crunch globally
3. Huge unwinding by FIIs, selling on every opportunity.
4. We are at higher inflation levels
5. We are at higher interest rate regime
6. Recent cuts in GDP growth rates
7. Poor IIP numbers
8. Margins shrinking in Q1FY09 and will slip further in Q2
9. Still our nifty trading at 18 PE
10. We are in an election year
11. Huge current fiscal deficit due to various subsidies
12. DIIs (MFs) are net sellers in the recent month

In my view, it is more than a BEAR MARKET it is the CRISIS. So, we can’t compare it with the bear markets of the past we have to compare it with the Previous CRISES.

So and so many, all will indicate us that ‘we are not out of wounds’ and ‘worst is behind us’. BE CAUTIOUS.


With thanks
Be and make

---

Please go through the above report of me.
kindly share your views
with thanks
be adn make

awaiting for a surprising rally - Be and make

Posted by : Be and Make

We are at crucial junction where we can expect a strong bounce say about 10-15% right now we are not getting any cues for that bounce but will surely come today or tomorrow. So, better to square-off all your short positions and take some long positions with very stiff stop loss. Either Infosys may give positive surprise on Friday or Inflation may surprise you or govt may come with some policy changes like ban on shorting etc.,
Definitely markets will surprise you on the positive side in the upcoming two days.
1. globally markets are in oversold conditions
2. Some good news can force the bears to cover their shorts which will push the indices to a sudden sharp rally
3. Yesterday some cues that some consolidation was coming at the lower levels
4. Government may interfere at home to give a breathe to the markets
5. FIIs are the net buyers in FnO yesterday.
6. EU came with massive 200bn$ rescue package
All the best
Advance cheers
With thanks
Be and make

Cues from FnO: Short term bounce?

Posted by : Be and Make

dear chief - No, is my immediate answer. We are not out of wounds, i never gave any fixed support price for the indices because we are not in the bear market we are in the global financial crisis. Please go through my previous messages (in my blog also you can see them).
----
Tuesday, September 30, 2008 (http: //stockstowin.blogspot.cam/)
Bear markets can be classified in two terms broadly one is time based correction (sustains more than 18 months) and the other one is value based correction (slips nearly 50% from its peak). We are almost reached the value based correction at this point of time but we are just 9 months old that’s key point we should have to consider.
Of course we can get some cues from the history but I will not rely on them for to evaluate as ideal examples because we should evaluate the current conditions (like micro and macros) then only we can come to the right decision.

So, our micro and macro picture is not good. Still we are trading at high price multiples when compared to the global emerging markets,
We are facing the so many problems right now like
1. Global financial crisis
2. Huge liquidity crunch globally
3. Huge unwinding by FIIs, selling on every opportunity.
4. We are at higher inflation levels
5. We are at higher interest rate regime
6. Recent cuts in GDP growth rates
7. Poor IIP numbers
8. Margins shrinking in Q1FY09 and will slip further in Q2
9. Still our nifty trading at 18 PE
10. We are in an election year
11. Huge current fiscal deficit due to various subsidies
12. DIIs (MFs) are net sellers in the recent month

In my view, it is more than a BEAR MARKET it is the CRISIS. So, we can’t compare it with the bear markets of the past we have to compare it with the Previous CRISES.

So and so many, all will indicate us that ‘we are not out of wounds’ and ‘worst is behind us’. BE CAUTIOUS.


With thanks
Be and make

---

Please go through the above report of me.
kindly share your views
with thanks
be adn make

Cues from FnO: Short term bounce?

Posted by : IT_Bulls

Will you be able to drive your car on water.
Will trucks doing transport run on water.

You need oil and you need refining companies.

Is there any problem in Indian economy.

Its just a intelligent trap to create pressure.

what to do with RPL? 23 rd july 2008 report.

Posted by : phk

my dear BE AND MAKE,//thanks// please give regularly, you expert summary, from good sources on reliance group//,godrej group //,and tata group// always great full//PHK//