I have 1000 share of MRPL @ Rs 95 . I can hold for 1 year also. Can I get Rs 150 in next one year.
Also Let me know what should be my stratagy in this stock.
In my opinion this is gem & keeping in your portfolio will definately give you reward.
Next target after budget will be 130 then 150 by year end 2009.cheers.
Last week I recomended to switch over to central bank from MRPL. Central bank now heading towards 90 level. It is breaking 52wk high daily and near term is bullish.
Central Bank do not crash very fast also.
Any reforms in banking/agriculture/rural sector incrase the profit of central bank of india as it is market leader in agriculture and rural sectors.
Don`t forget last week you also recommended to switch to Maytas which is now in lower circuit for last several days, with investors not even being able to sell this stock. What have you got to say about this ?? If things go to plan, MRPL can touch 125 in 6 trading sessions. Once again Yes Bank, BOI, IDBI to deliver better returns than CBI.
Really this is gem. All the stock moved from 20 - 25% in last 1 months but MRPL is still at same price .I m totally agree with u its gem, Every one should have in portfolio if u would like to loose ur money.
despite bad results mrpl maintaining 82-84. and today oil sector is a little bullish, may be will touch 86-88.if nifty cooperates, but nifty playing see saw between red and green
hi supuni,
mrpl results were indeed very bad. i wonder how can the results of mrpl could be so volatile year after year with 50% profit movements. yes, oil sector especially with ongc moving up smartly in todays opening trade could be in the limelight today. and mrpl is struggling a big @ 82. i think one can go short in this counter as the results were bad. 86-88 can be easily forgotten for the time being. better to be on the short side till 74-76 is reach in this week. ur take please?
swamy
yes, it can slide to 69 levels easily if the market corrects this way in the next week too. but it recovered smartly from 80 to 83 today. that shows short term is strong. bye supuni. thanks for the reply.
| NIFTY 
