Friday, 21 September 2007

Buzzing stocks: Reliance

RNRL soared by almost 38% on friday on reports of Anil Ambani group having applied for a licence to foray into gas distribution business. It touched Rs 76.60, up almost 35% on BSE. Over the last one week it has gained almost 50%!!

Stock Tips: Cairn India

Cairn India is looking very positive and may touch 200

CMP: 178

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.