Where do you see stock markets heading at & How safe is Reliance Communication ?

Question

Would like to know more about Reliance Communication and Reliance Natural.

Other than this i would be glad if U could provide me some update about Vikas WSP.

Regards

Vijay

Answer 1

Reliance group is a speculative one and hence you can ride on Vikas (Water Soluble Product).This product has got a huge demand in foreign countries.It is best counter for a long term.It will touch 13000 Plus BSE during Diwali time

Answer 2

Stock markets from here-on, should be heading North only, if you have 1 year's time frame in mind. As now it may not rise  AS FAST AS IT DID from Oct'05 to March'06.

Secondly, what is your definition of a "safe" stock? As, nothing is safe in markets. It's all a gamble broadly speaking.

Why talk of Rel. comm. when RIL itself is there? By any stretch of imagination, RIL's growth will be always more than anybody else’s in India, among mainline cos. So go for RIL as the safest bet. AND if you can wait for 2 years and forget your money, then RPL @60, will surly DOUBLE your money in that time, (if not,maybe, earlier too.)