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The new commers will have tough time with the per second billing as compared the old biggies like Bharti, Rcom and Idea, who already have established name and infrastructure created over the years and have already recovered the major part against their investment, where as the new commers will have to establish yet.
In the end the larger will survive this price war, nothing is going to happen to biggies, as they have already made lot of money and there may be some lose in profit to oldies as against net lose to the new commers....
Lets see how long these new commers survive this price was started by them.... ...
i am holding call option. fr idea
so do not worry it will bouck back on monday!...
Actually speaking, I will prefer to have bad news on the counter so that one can continue to accumulate. Like the latest news on MNP where TRAI has recommended a max tariff of Rs. 19 per subscriber. Now nobody will actually bother to check how it will impact each operator, and will rather try to dump the stock as if this was the only source of revenue of the operator, or as if every existing airtel, vodafone or idea subscriber will move to Tata indicom or Telenor or may be MTS for the sake of that silly 19 bucks without bothering of the service and connectivity from existing operator. I think a big game is going on in the market place where apart from bulls and bears, even the management and regulators alike are participating in a game of cat and mouse....
ATUL
IT IS GOOD TO SEE IDEA RECOVER AFTER THAT SLIP.GOOD VOLUMES ARE THERE SINCE DAYS.IT WILL MOVE UP ON SOME GOOD NEWS DEFINITELY....
Naughty has his day since the stock actually touched 49.50, but we had the last laugh,it actually closed 1.3% up at 51.20 with large volumes and weighted average over previous day closing. Bharti airtel had a bad day and continued trading at lower rates. Will suggest to accumulated Idea (even by selling Bharti)with an immediate target of 60....
dear naughty!!!
I think todays stock behaviour is ample example of the strong support at 50level.I don`t think it is my victory it is you peoples verdict.if sensex proceed to fall it may reach below level as you said As it isalready beaten blac and blue where is room to shrink.if people think it to further shrink , that idea almost stink!!!!...
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Posted by :
NAUGHTY007i think we should c sub 49.5 levels tom...
telecom stocks good shorting candidates
Posted by : rk2009i wish to say lot of discadring done on 06 oct vol3.69 cr at 64level, and accumulation started at 3rd oct 1.37cr,06/nov-1.37cr, 12/nov 50.80--- the stock is now in consolidation stage, any good news like 3G auction will start an explosion, as it was done yesterday for varunship,10% gain in a day,weak fundamentals.so don`t keep faith that stock is weakened and further fall upto 45level.if index changes path and corrects all stocks will correct, contrary to that this will move up as per my judgement,hope some one carefully studies the techincals correctly, the accumulation is done already.if at all it goes to 45 good buy.those who missed bus last at 50 are praying thsi to go below 50.but i think it is not possible now buy at present location other wise you will skip journey...
telecom stocks good shorting candidates
Posted by :
wifeThe market is in a over bought zone right now. It can correct to the 4900 levels soon. Though the market may not fall significantly from here as yet telecom stocks including bharti and idea are good shorting candidates they can fall badly. One can get bharti at 260-270 levels and idea at 44-47 levels once nifty starts correcting....
If one want to have it in his portfolio, better start buy in small quantities even at CMP and continue buy on dips, you never know it may have already hit its current session bottom....
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Posted by : NAUGHTY007thanks for the suggestions-i will buy tomm...
Never wait for an angel to tell you the right levels to buy. If you have the conviction, start buying in small lots at every dip (if atall it happens)till it finds its near bottom, as you can never buy right at the bottom. If you have no conviction, just move out of the counter for a better one to your judgement, rather than waiting for a miracle to happen....
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Posted by :
govindaraj6dont wait for fall. its already started engin it will stop at 110. buy now...
long term investment
Posted by : goldie1989yups bro it is a very gud stock 4 long term , i have also 400 shares@50...
