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Q.

Will RIL move upward within two months? what is wrong with RIL in bullish market?

About: Reliance Industries Ltd.

Tags: money, ril, bullish market
Asked by GOKHALE NARESH, 12 Jul '10 10:10 pm
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Answers (2)

1.

One month tgt is 1090 -1115 buy it arround 980-1010 just do it with confidence
Answered by PRAVEEN JOSEPH, 01 Aug '10 09:50 pm

 
  
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2.

Reliance is the master of Upcycle & Boom times. There were champions of the times when profits used to be 30% plus every year they used to invest into huge capexes building their empire on vertical downward integration n bla bla. But they have yet to learn the art of building kingdoms during downcycle, the way LNM has done. They have yet to learn the art of keeping the people with them. Most of their people are now in lucrative Gulf, Essar Oil, HMEL or other Big Corps world over. Sadly this company is only adept in managing the Ind.Gov. policies and is impossible for them to compete with the SINOPEC / PETROCHINA / PETROBRAS / GAZPROM/ RASGAS of the emerging economies leave aside the Oil biggies like Exxon mobil, Royal Dutch Shell or even BP. So boss, answer for ur million $$$ question is: This stock has become a "Chewing Gum". & As investors have got profit in earlier eras (which are not going to return) this stk has nothing left in it. Don't waste ur time in it. BUY Cairn / OIL/ BPCL ...more
Answered by sal windup, 14 Jul '10 11:10 pm

 
  
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