FinWin: Reliance Media Works

IMPORTANT! Please read disclaimer..before proceeding

The author of this blog isn't a certified financial advisor or a certified financial planner. Please consult a qualified financial planner / certified financial advisor before taking any actual investment decisions. Views expressed on investments is purely authors own opinion / experience and shouldn't be construed as an investment advice. All information on this blog is just a point of view from authors perspective merely for educational and informational purpose only.
There is no guarantee / certainty of profits or windfall gains to be made on the basis of data or information on this blog. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.

Friday, October 23, 2009

Reliance Media Works

Buy Reliance Media Works (Foremer Adlabs) at CMP 328 with Stop Loss at 310 for Target of T1 360, T2 376. T3 392 in next 1-3 Months.

Fell of 8-9% yesterday due to weak global cues, bounce back expected today following good quarterly results.

Trigger: Good results declared after market closing yesterday. Possible Rights issue in near future.

Disclaimer:
Please note that the stocks in Quick Pick segment can give a POP of +/- 10-15 % and is purely speculative in nature. This is reccomendation for a person with High Risk appetite.