Is RCOM is good pick now?
@ 71.75 Now - Mouthwatering Price :idea:
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Is RCOM is good pick now?
@ 71.75 Now - Mouthwatering Price :idea:
Better avoid, till CBI inquiries and Telecom Scam Case is going on.
Never catch a knife when it's falling, because it may also hurt you. :EmoticonTongue:Quote:
Originally Posted by Raja
Reliance Communication numbers in the last quarter have very clearly signaled that the price was that they have set off had been the worst for this company. I would advice that the next quarterly numbers will start telling you whether the management action taken in that direction is starting to bear fruits or at least the management action in that direction that of controlling the bleeding because of aggressively priced products in the market. The best part only is that RCom is amongst the top three players in the segment.
Why you are focusing on RCOM, when so many blue chip stocks are available at discount?
In telecom idea and airtel are best.Though one can bet on rcom because you never know about ambani brothers especially mukesh if he takes share and launches is 4g internet throught it.
Rcom is in heavy debt and want to relieve those with its infra business which is getting no takers.
Buy staggered way likeif you want to buy 50 shares.But 10 now.Than buy further when the stock goes 25% lower than your buy price.