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reliance infra

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Old 15th June 2008, 05:01 PM
 
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prabindu is on a distinguished road
reliance infra


what is the future for reliance infra. will it go up to 1400
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Old 19th June 2008, 09:47 AM
 
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Please refer to the discussion on this stock here:

My Future Calls

Today is Friday. Dow Jones has taken a large beating. Inflation promises to be nearly 9.8% (as per Reuters Analysts' Poll). Yesterday RELINFRA touched 1130 as mentioned and reversed. I don't think it's gonna see 1400 levels anytime soon. Short Term target now is 925.

Paresh

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Old 20th June 2008, 11:31 AM
 
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I have a correction to make. Today is Friday. Ah, I lose track of days sometime. That's what happens when you reach my age: They say memory is the second thing to go

RELINFRA company has announced a buyback program of Rs. 1600 per share. Which is why I think it is refusing to go much below 1000 in recent days. So hold on to your positions. It should reach 1400 soon enough as the mkt. bounces back a little.
Paresh
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