Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

I have 50 share of reliance at rs 2094 per share and this share is trading on 2037 rs . so i want to know that i sell this share or not . tell me the scope about this share

About: Company: Reliance Industries Ltd.

Asked by varun tomar, 22 Sep '08 09:32 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (8)

1.

Agar paise hai to hold karo, you will get profit
but if you need money, there is no option
Answered by ashma, 23 Sep '08 03:05 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Hold it, and if you are short term trader sell around 2225
Answered by RUPESH, 23 Sep '08 12:01 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Reliance Industries will account for about 40 per cent of the countrys energy production in the next 18 to 24 months, putting the company on track to earn a quarter of its profit from oil and gas production, from 5 per cent now.


Also Read

News Now
Paper
Specials



- Sensex slips 47pts; ACC, Tata Steel gain 3%
- FII-TO-FII TRADES: Union Bank traded at 5% premium
- 17 SEZs approved; in-principle nod to 10 others
- Nomura clinches Lehman's Asian operations
- Fed allows Goldman Sachs and Morgan Stanley to undertake commercial banking
- Nasscom gets Delhi govt approval to set up S&T park in capital
More


Also Read

News Now
Paper
Specials




- Overseas borrowing eased for core sector
- Goldman, Morgan Stanley give up i-bank status
- IIM-A sets up company to invest in firms it incubates
- Brics Securities ex-employees feel Lehman meltdown heat
- RPL's second refinery to go onstream ...more
Answered by Rakesh Shah, 23 Sep '08 07:01 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Don't sell this share. Reliance is a very strong company. They have just found a new oil basin which will definately help them in the long term. The fundamentals are strong. If you are a long term investor, this is one of the best stocks. Even if you are short/medium investor/trader, don't sell at a loss. You will get profits soon. Be patient.
Answered by Prashant Solomon, 22 Sep '08 10:49 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

Its a good share at good price. Keep it for one more year and you will see the difference.
Answered by Vikram, 22 Sep '08 10:04 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

Hold on as the target is 3000 for the next year!!
Answered by dharamender nebhnani, 22 Sep '08 09:37 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

If you are short term investor or trader. keep stop loss of 1977. below this -- Reliance will test 1840. If ur long term investor hold for >2 years-- Reliance is ulimate wealth creator and you can expect it to touch new highs in 2 years.

Nifty has support at 4140,below this level panic selling expected.Day trading tips- Earn daily 1500-2500 Rupees with low risk.We use Signal trading + Technicals -- Low risk,moderate returns - Daily earn Rs 1500-2500 on 2 lac of investment - day trading tips,FNO tips,Stock tips---

For day trading tips/FNO tips/Nifty Tips

Visit

www.95506am.blogspot.com
Answered by stock analyst, 22 Sep '08 09:35 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
8.

Wait for 6 month
Answered by Jeet, 22 Sep '08 09:33 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining