Realiance Look Cheap : Market Updates

5 comments

We saw a big spike up in RIL yesterday, there is no clear cut explanation or something which can be given as a reason for the same, but i think the combination of factors made that move possible. One was the KG basin talk. Secondly, the refining margins like the product margins have also moved up sharply over the last few weeks. So, some analysts are becoming more bullish on refining margins for this quarter.
Overall, the stock continues to be cheap. However, I think the triggers are still lacking in terms of creating a longer term bigger upmove because the production in KG basin is still falling. So, I think it’s a cheap stock. It will keep on having its rallies in between, but there doesn’t seem to be any big upmove coming through, unless and until the telecom story starts unfolding.
By - Prabhudas Lilladher

5 Responses so far

  1. This article is really really attentive with this title, interest as I read on, desired to know what is there in the article, took action to read it fully and am thoroughly satisfied.To earn huge returns just click once at Equity Tips

  2. To keep an eye on the stocks just check out sites that update daily.

  3. Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

  4. Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

  5. Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

Get Daily Tips Directly on Email

Followers

Blogger news

What We Provide

We give Intraday Stock Tips, Markets Outlook, Nifty Tips Tomorrow, Futures Options Tips, Bank Nifty Tips, MCX Commodity Tips..

Free Trial Tips On Mobile By SMS

Subscribe us to get FREE TRIAL in stocks & commodity tips on your mobile by sms. We offer 2 days Free Trial for stock tips and commodity tips....... 2 Days Free Trial

Classified Ad Listing

FREE MCX and NCDEX DAILY TIPS ON MOBILE BY SMS
Get Daily MCX and NCDEX tips with more than 90% accuracy on your MOBILE phone by SMS. We provide sure shot MCX and NCDEX Commodity tips with atleast 3-5% return on an intraday trading basis.
Free Trial

Disclaimer

This blog is not intended as professional advice. The author disclaims any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.

Stock Market Trading Tips