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deepa21
Joined: 21 Apr 2009
Posts: 1
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 Posted: Tue Apr 21, 2009 3:57 am Post subject: Please Help! |
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I just bought 1600 shares of Reliance Natural@56 shud I hold of dump it ....
I read some where that it wud go to 85 so bought it but now at a few online chat sites(intraday calls) i am told to exit the stock as it will fall to below 40rs... |
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naha
Joined: 17 Nov 2007
Posts: 296
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| Posted: Wed Apr 22, 2009 11:05 am Post subject: |
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Here is the detail of Reliance Natural.
Reliance Natural Resources Limited engages in sourcing, supplying, and transporting gas, coal, and liquid fuels in India. It also involves in the exploration, production, and distribution of natural and coal bed methane gas; and the mining of coal. The company was formerly known as Reliance Platforms Communications.Com Private Limited and changed its name to Reliance Natural Resources Limited in January 2006. The company was incorporated in 2000 and is based in Navi Mumbai, India. Reliance Natural Resources Limited is a part of the Reliance Anil Dhirubhai Ambani Group.
The prospects look good. There is a little risk is very long term due to limited resources availabe. I will say that you should hold it and Rs. 85 should not be very far |
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