Listing Of Reliance Power

Reliance power, boasting of having the largest number of shareholders in the world, will list on monday the 11th.

With pathetic market conditions, the grey market premium has considerably come down for the company and there is expectation that it will list at around 600 odd levels.
Most of the HNI's are expected to cash out at 600 odd levels. The FII's are expected to hold on and ride the wave. All ADAG group stocks should do well.

The retail investors, having being alloted a paltry, 16 or 17 shares, should book profits upto 580 levels. You stand to earn something around the range of 2-2.5k rs.

The indian stock markets are in a very difficult stage at the moment. I keep my view of doing short term trades.
Gmr infra has again come back to our buying zone

Lok housing, having approximately reached the selling zone, is back to the buying zone.

RNRL is expected to win the gas supply case against RIL. There is some talk of a compromise formula happening and should be positive for RNRL
I keep a buy on it.

KS oil, is trading at important resistance level of 81-83 zone. If markets are positive then i expect it to do some 5-10%

I do plan to attach technical charts to help you people bolster the views which i give based on my analysis.
If any suggestion as to where to post the charts, please do let me know

Happy Investing!