Tomorrow is judgment day at 10:30 am. SO which way will it swing?
1.RIL wins
Why? Look at price movement in past 2-3 days. RNRL tanking and RIL steady and marginally positive
2. RNRL wins
Why? They won in High Court and SC might go with the arguments which swayed HC. Its always difficult to overturn a verdict.
3. Limbo
No clear judgment. This appears remote but we never know.
So technical say RIL wins and fundamentals say RNRL. Wonder which one wins?
Nishitji, Excellent Blog on stock markets. Congratulations. I came accross your blog name, from blog of Gautam Bajaj. Both of you are doing great service to novice traders like me. Gautam Bajaj's blog , I came across at blog of Shri Ilango. Looking forward to your continued guidance.
ReplyDeleteThanks and Best Wishes
ttthakur