Read
Listen
Watch
Play
Find
Mail

  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos
  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Ads by Google
Moneycontrol.com >> Message Board >> View Messages >> Cairn India
   You are here :     Moneycontrol     MMB    Stocks      Cairn India                         Most active discussions of 2006 , 2007 & 2008
CAIRN to go UP reasons, a plenty... (5)   05-Jul-08 10:12Tracked by (0)  
Posted by:   Sensexxx on ( 05-Jul-08 10:12 )
Price : BSE: Rs 251.50 ( -2.39 % ), NSE: Rs. 251.65 ( -2.16 % )
CAIRN INDIA to go up in near term, except some minor blips:Why? Because:

a)Cairn india is a speculators stock

b)Crude will go up only

c)Company results on 29 july

d)All said and done fundamentally good company


Moreover Some Known Facts:

1. Anil Ambani has asked for SEBI enquiry on how the RELCOM shares fell to 52 week low (369) last week, just before he was about to come to a final negotiation with MTN.However he will not ask for a SEBI enquiry regarding how RELCOM reached 52 week high of 880 till the first day of his REL POWER listing and fell to 640 from the 2nd day of REL POWER subscription(when it already created history by overwhelming subscription in the first day itself)!!! You don't ask for manipulation which helps but for that which hurts you, and that is perfectly understandable. What is not acceptable is the common man is trapped in between and SEBI's inefficiency lies there.

2. Times of India on Friday morning report("Bears Troop in Again") suggested that: .."The mkt might see an UNEXPECTED BOUNCE BACK on FRIDAY, despite ALL NEGATIVE FACTORS, that's because Wall Street will remain SHUT on Friday for INDEPENDENCE Day. So in the absence of any negative news flow, SPECULATORS might take some LIBERTY and PUSH UP stock prices, mainly that of frontline stocks..."Well WHAT a Coincidence!!!

3. Same TOI report also states: ..."Mkt players had attributed most of Wednesday's rally to INDEX MANGEMENT and SHORT Covering and were therefore not surprised at Thursday's SLIDE"....

4. Inflation was UP, ASIA was Down, Europe was Down, and we made a stunning recovery just after the BAD NEWS of HIGH INFLATION numbers came in, what strange coincidence!!!

IF AT ALL SEBI ENQUIRY IS REQUIRED , THEN IT WILL BE REQUIRED TO UNEARTH THIS SCAMS, and it is very easy to find out, just track some common INDEX stocks like TATACOMN, NALCO, SUN PHARMA, GAIL, SIEMENS and see how they move, one very recent example, on 26 jun 08, last F n O Expiry day, in last 10 mins, POWER GRID moved from 91 to 97, pushing the Nifty past 4300, and the next day as soon as mkt opened it came back to 91, but it achieved its purpose of keeping the NIFTY Up to 4300, so all F &O puts of 4300 and below are gone.

There are more instances,but what I want to say is that mkt manipulators are there at large and we all know about it. It is better to accept and live with it.

Bye

SENSEXXX
Track Post |  Reply to this post | Track Boarder | Click if Offensive | Rate message

Feedback

6 queries on Cairn India

I have Cairn@ 225. Should I exit or Hold? - I have Cairn@ 225. Should I exit or Hold?...
cairnindia - Type Your Stock Query What is the outlook of...
 see more

More from the Oil Drilling And Exploration Sector

Aban Offshore  |   Alphageo  |   Dolphin Offshor  |   GAIL  |   Hind Oil Explor  |   Jindal Drilling  |   ONGC  |   Reliance Natura  |   Selan Explore  |   Shiv Vani Oil

Boarders tracking Cairn India

truecharts  |   sunny786  |   guddum  |   dsahay  |   dineshsahay  |   mbasava  |   sitharaman  |   pradyuth  |   Vijay-A  |   archear  |   mukeshibm  |   nitinraj02  |   amitpratimabhat  |   rdsinghmd  |   balajiband
 see more

News Updates on Cairn India

BSE Announcements on Cairn India - Cairn India Ltd has informed BSE that a meeting of...
NSE Announcements on Cairn India - Cairn India Limited has submitted to the Exchange ...
BSE Announcements on Cairn India - Cairn India Ltd has submitted to BSE a communicati...

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT