Team-BHP - Do you play the stock market

Quote:

Originally Posted by normally_crazy (Post 718369)

That 599 looks like a rigged figure to me. A couple of shares may have been traded at that price to make sure that the investors do not panic.

agree:.

Quote:

Originally Posted by SumitB (Post 718361)

Where dit it list on 599?

Today's high was 599 and it did not list at 599. :)

Markets have hit rock bottom now. RPL @ 414. i am guessing its a good time to buy now and sell when it returns to 430 within a few hours/days.

Quote:

Originally Posted by LLL (Post 718392)

Markets have hit rock bottom now. RPL @ 414. i am guessing its a good time to buy now and sell when it returns to 430 within a few hours/days.

Playing short term in volatile markets=DANGER!

Quote:

Originally Posted by DCEite (Post 718401)

Playing short term in volatile markets=DANGER!

yes its dangerous but everyone is saying that RPL will give returns in long run. So if we have to retain the stock for an extended period, then also it shouldnt be a problem. Also, i am thinking that HNI's/QFB will not like stock hovering below their buy price, so ADA and his MFs will buy to prop the price up.

BTW - ICICI Bank heading towards 1000 breach...its rt now @ 1010.

Quote:

Originally Posted by LLL (Post 718392)

Markets have hit rock bottom now. RPL @ 414. i am guessing its a good time to buy now and sell when it returns to 430 within a few hours/days.

I would wait till today evening and if the down trend is still continuing, then wait till tomorrow's opening.

hey guys

anyone who applied for RPOW and not got refund - i for one havent even got any shares nor the money?:Frustrati

portfolio down from 60% to 9%. its a ****ty feeling man!

The sensex is going down down and down. The RPL stocks have plummetted to 397 as of now. Think sensex is testing 16500 levels right now. If this breaches, then god help us.

As per the fundamentals, RPower when compared to NTPC is highly over-price. If you are in for a longish stint with a pwer based share, go in for NTPC. Safe and secure as compared to RPower.

Quote:

Originally Posted by SumitB (Post 718505)

As per the fundamentals, RPower when compared to NTPC is highly over-price. If you are in for a longish stint with a pwer based share, go in for NTPC. Safe and secure as compared to RPower.

Thanks man. I already have NTPC/Powergrid/Suzlon in power sector. But all are in red right now. I will have to wait.:)

I sold a lot of stock today at loss, and invested that into some select large caps which were hammered today
Suzlon/airtel/Powergrid/
So finally, for this financial year I am now in red instead of green.
Thankfully the loss is small.
Will pick up more stocks if tomorrow things crash
Otherwise will sell what I got today.
I presume this is called "swing trading?"
:p

Hadn't subscribed to the Reliance Power IPO. Bought in at 390 this morning. I think Reliance Capital will be supporting the share price in the coming months (similar to what happened to RPL a few months back). Will exit it then.

Quote:

Originally Posted by saildrive (Post 718475)

hey guys

anyone who applied for RPOW and not got refund - i for one havent even got any shares nor the money?:Frustrati

portfolio down from 60% to 9%. its a ****ty feeling man!

If you haven't heard back until today evening, there is a good likelihood that you have not been allotted any share. You should thank your stars.
Refund process has started and people have started getting cheques back.

Guys, olease use the correct abbreviations - RPL is the ticker for Reliance Petroleum Limited - the Mukesh Ambani company. Reliance Power is an Anil Ambani co. Please use Rpower or RelPower while abbreviating Reliance Power.

Quote:

Originally Posted by tsk1979 (Post 718528)

I sold a lot of stock today at loss, and invested that into some select large caps which were hammered today
Suzlon/airtel/Powergrid/
So finally, for this financial year I am now in red instead of green.
Thankfully the loss is small.
Will pick up more stocks if tomorrow things crash
Otherwise will sell what I got today.
I presume this is called "swing trading?"
:p

My advice to you will be to stay away from stock market for atleast next 6months or so.It may crash to 14-15k level easily now as sentiments are really down.
trust me, then loss will not be small!!