Advise required for RNRL

79 is ur positional stoploss ..if close below this level then only u hve to exit ....otherwise hold.

Thanks for your advise,Rajeshji.

The chart is not very encouraging. You may breakeven (150+) in early 2010. Though painful, booking loss at 100 and switching over to other good stocks and not only recover your loss but help you get accelerated profit by 31mar10.

Mr.Jagmohan,everyone is advising the same for RNRL.If I am lucky and follow the tips given on Mudraa may be I can recover my loss?

Just keep watch on ril-rnsl case. If out-of-court settlement occurs, then also its good for rnrl. Hold it 4 long term

The trouble is overwhelming majority has patience for FDs, ULIPs, SIPs, Land Holdings but not for Equity! If you are not willing to book any loss that is totally understandable and there is nothing wrong about it. There are millions who have invested longterm in RNRL (and that includes Mr.Ambani). If you can wait for the budget of 2010-11, you will make handsome profit besides getting dividend, if announced. My 2 golden rules are:- 1) If it goes up I profit, if it goes down, I buy more! , and 2)If it has gone down, just don't press the SELL button (ofcourse,provided the company is terminally ill, which is rarely the case with A group companies)(remember even Satyam is rising smartly)! You haven't loss a penny till you have booked loss.

Mr. Jitesh, Before booking my losses I will surely keep your advise in mind