Is it right time to buy rnrl?

Question

Is it right time to buy rnrl?

Answer 1

RNRL still tops the charts in the high volumes traded in the exchange.

Since this is now a more of trading stock, you should expect a lot of volatility in this .

But generally the movement will be with the overall market sentiment.  So on a +ve day, this can go up by  4-5% ; similarly on a -ve day, it can go down by the same value.

Answer 2

Yes if you are going to be invested for period more than a year.

otherwise no.

Answer 3

INVEST in Top 8 Scrips in 2008 when the Indian Stock Markets fall in July 2008 (BSE Sensex support will be 12,868.28 (+/- 0.1% variable) and NSE S&P CNX Nifty support will be 3,821.00 (+/- 0.1% variable)):

Reliance Industries (RELIANCE), Infosys Technologies (INFOSYSTCH), ICICI Bank (ICICIBANK), Larsen & Toubro (LT), Housing Development Finance Corporation (HDFC), Bharti Airtel (BHARTIARTL), Tata Steel (TATASTEEL) and Oil & Natural Gas Corporation (ONGC).

INVEST 16% in First Scrip, 15% in Second Scrip, 14% in Third Scrip and so on of your total fund or

INVEST 12% in each scrip of your total fund.

Please be in touch with me by email on [e-mail]

I am a Technical Analyst.

Answer 4

i think so because RNRL is now 70s & there is nothing to lose so much in this script.

Answer 5

As per value comparison u can go for it else, i wont suggest for this as it havnt started its operation......