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Have read that RIL is also in line for buying or interested in deal with Shell.Weather essar oil will be able to complete this deal, even if this deal is completed what impact it will have on stock foe short term investor say 3 to 5 months.If this deal is not finalised by 30 nov. what impact will it have on stock.By this news of economic times it is presumed that deal is finalised with shell and rate at which deal is also finalised, management is waiting for that rate to be rigged up or down so that they can announce the deal rate---or management or insiders have not yet taken positions in stock to their requirements ,watch for volumes and movements in stock prices as not much time left for 30 nov.for investors and insiders.To my sence the deal would be around Rs 195-205 and the stock should be around Rs 165-175 around 29nov.
| NIFTY 
