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Sunday, February 17, 2008

Reliance Power Free Bonus Shares

Reliance Power Board will give free bonus shares to all it’s shareholders to compensate the losses everyone of us suffered when the company was listed a week ago and now trading at Rs 375.

The company said its board would consider the free bonus shares at a meeting next Sunday, February 24, to benefit over four million of its investors and the cost would be accepted by promoter group by way of diluting its shareholders.

RNRL Approaches Court Aganist RIL

1. RNRL had moved to the court for clarity on orders on February 11.

2. The next hearing on the RIL-RNRL is expected to begin on February 25.

3. The interim order restricts RIL to enter into third party commitments.

4. However please note that whatever be the outcome of RNRL the stock is trading at a high valuations without any fundamnetals and is only shining by virtue of relaince tag.

Monday, January 28, 2008

Abbreviation

Delivery = 1 to 3days not more than 1week holding,
Positional Call = 1 to 3 weeks holding,
Near Term = 3 to 6 weeks holding,
Short Term = 8 to 10 weeks holding,
Medium Term = 4 to 6 months holding,
Long Term = 6 months to 1 year,

T1 = First Target
T2 = Second Target
SL = Stop Loss
AT1 = Achieved T1
AT2 = Achieved T2
HOD = High of the Day
LOD = Low of the Day
ATP = Average Trade Price
BP = Buy Price
SP = Sell Price
NFT = Near First Target
NST = Near Second Target
BPP = Book Partial Profits
BTST = Buy Today Sell Tomorrow,
STBT = Sell Today Buy Tomorrow.
CMP = Current Market Price.

"Always Trade With Strict STOPP LOSS"

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