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Q.

I have 20 share of RIL @ 1010/- is it right time to sell or hold ? Pl suggest.

About: Reliance Industries Ltd.

Tags: money, relationships, education
Asked by Subhashish, 31 May '10 01:01 pm
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Answers (5)

1.

Dude! Do you know anything about stock buying and selling?

How do you expect me to know at what price you bought the shares? You could have bought them at 1200/- 10 days ago or 200/- a million years ago. Whether you should sell or not is purely based on:
1. Are you making a "good" profit?
2. When did you buy?
3. How much did you buy them for?

If you don't want to provide this info then you should not be asking questions here.
Answered by Disgruntled Desi, 31 May '10 01:14 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. In these eras of 5%-15% MARGINS only corporates w ...more
Answered by sal windup, 14 Jul '10 11:15 pm

 
  
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3.

Hold it for a year for price target of 1300
Answered by Amit, 02 Jun '10 12:01 pm

 
  
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4.

Sell it around 1100 rs within one month time
Answered by MUTHU KUMAR, 01 Jun '10 08:24 pm

 
  
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5.

Is a good scrip . YOU can hold it for long until you get a profit
Answered by narayanan, 31 May '10 01:05 pm

 
  
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