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Tuesday, August 17, 2010

Reliance Industries & The Indian Stock Market

I do not know what has happened to Reliance Industries in the past few months.  What I can see is that the stock price is gradually falling down from Rs.1094.00 to Rs.980.00.  Even the Indian Stock Market is dull past two months.  Reliance Industries is the leader of all stocks and moves whenever the bulls come in.  But now nothing seems to be moving.  Experts predicted that Reliance Industries will cross the Rs.1200.00 mark but this seems to be not happening so soon.  I hope speed will pick up in the Stock Markets as I believe that the bulls cannot stay out of the markets much longer.  They will not make much money if they keep their money in fixed investments.  They have to invest in the markets or else they loose out if they are waiting for bottom fishing.  Lets hope we see some action in the next comming weeks.

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