Buy Reliance Petroleum @ 225.RS , Target: 300.RS

Buy Reliance Petroleum @ 225.RS , Target: 300.RS

Buy Reliance Petroleum at present price of 225.RS .Target of 300.RS Could be attained in 3 months.

Price Refining Margins from REL PET could be higher than RIL.

2008-2009 is going to be the First Full Year of Operations.

This entry was posted on Tuesday, January 1st, 2008 at 11:14 am and is filed under Recommendations, Research Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

jitendra on January 8th, 2008 at 12:37 pm

what about uco bank and ispat industries please suggest ,i am bying on
Rs. 87 and rs.83
dilip on October 23rd, 2008 at 11:31 am

yes please buy at 225 , today its 89. what a shame….

This info suckss!!!
George Kollamparampil on October 30th, 2008 at 9:33 am

RPL currently is a company yet to start operations. I am hearing target of Rs.300 for a long and I do not understand on what reason such a target is given. Very well established profit making classic companies share prices were hit to 10% or less from the yearly high in this global recession. How one can justify that RPL prices could hit 300. Is it because of Ambani names or based on the technicals or fundamentals. To my common sense or conscious speak this stock could hit a bottom of 40-41. Global recovery is seen now is for few days, but the stock can fall to the level of Rs.40-41 amd form a highly strong support level i.e: atleast 15% of the yearly high. Stock has climbed from 70-100 levels like fire cracker to 300 levels, which makes no sense. So, investors with a long term perspective should wait for a buy at 40 levels. Nothing big is going to happen in india for the market as it is election for the country and common man will be concentrated.

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