Reliance Communications Buy Sell Tips Report Discussion
Reliance Communications is a part of Reliance Communications Ventures (RCoVL) along with sister combinations namely Reliance Telecom and Flag Telecom. Earlier it was known as the Reliance Infocomm. Reliance Communications is an Indian Telecommunications Company managed and controlled by the famous Anil Dhirubhai Ambani Group. It was founded in the year 2004 and is a pioneer in Indian modern communications scenario. Mr. Anil Ambani is the chairman cum managing director of the Reliance Communications. Its headquarters are located in Navi Mumbai, Maharashtra, India. Its industry portfolio is telecommunications, wireless and telephone. Products include internet and television. As per the latest data a massive figure of 33,000 employees is supporting the functioning of the Company.
As per 2008 annual reports, total revenue earned by the Reliance Communications is $ 4.26 billion with an attractive net income of $ 1.35 billion. Its total asset value stands at staggering $ 19.31 billion.
According to data obtained from National Stock Exchange of India, present MD cum Chairman Mr. Anil Ambani holds 66.77 percent of the company amounting up to 1.36 billion shares.
Reliance Communications is of the several companies under Anil Dhirubhai Ambani. It is using GSM – 900/GSM – 1800 technology for its existing services. The same technology has been used in its newly launched GSN services too. For its CDMA mobile services, it is using CDMA2000 1X technology. In India the company has the largest optical fiber communication backbone architecture which is approximately 110,000 kilometres. Of late it has entered into the entertainment segment too which is a big market itself. It has successfully launched BIG TV and BIG ENTERTAINMENT. On the 30th December 2008, Reliance became the first telecommunications company in India to operate in both CDMA as well as GSM technologies.
A huge portion of Indian people feels proud to identify them with Reliance thus increasing its brand value several times. A few years back the company shares gave amazingly high returns to short term traders. It has attracted many to invest in it for long term benefits. People who have very little knowledge to buy or sell shares are also interested to gain some profit from the growth story of Reliance Communications. So, they are relying upon expert tips and analyses.
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Buy Reliance Communications with target of Rs 190 and stop loss of Rs 173, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 179.80, up 0.4% on the BSE.
Hold Reliance Communications with a target of Rs 190 and then Rs 225 and stop loss of Rs 170, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 180, down 0.66% on the BSE.
Sell RCom with a target of Rs 165 and stop loss of Rs 176, says Trade Swift Broking, on CNBC Awaaz, as closing market strategy.
Sell RCom with target of Rs 150 and stop loss of Rs 170, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 162.50, down 1.5% on the BSE.
Sell Reliance Communications with target of Rs 150-146 and stop loss of Rs 165, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 158.40, down 1.3% on the BSE.
Sell Reliance Communications with a target of Rs 1034 and stop loss of Rs 999, says Kiran Jhadhav, technical analyst, on CNBC Awaaz, as closing market
Buy Reliance Communications around Rs 150 for a 2-3 year target of Rs 350, says Ashuu Kakkarr, technical analyst, on NDTV Profit. It has a short-term target of Rs 180, he adds. The stock is currently trading at Rs 159, up 0.51% on the BSE.
Buy Reliance Communications with target of Rs 185 and stop loss of Rs 162, says Saumil Mehta of Sharekhan on CNBC Awaaz. The stock is currently trading at Rs 167.35, up 1.8% on the BSE.
Buy RCom with targets of Rs 185 and 193 and stop loss of Rs 165, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 171.45, up 0.4% on the BSE.
Hold RCom with targets of Rs 176 and 180 and stop loss of Rs 167.75, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 171, up 0.53% on the BSE.
Buy Reliance Communications with target of Rs 220 and stop loss of Rs 164, says Somil Mehta, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 177, down 0.78% on the BSE.
Buy Reliance Communications as the worst is over and it is now headed higher, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 176.50, down 1.3% on the BSE.
Hold RCom with one-year view for good returns, says PK Agarwal of Purpleline Investment on NDTV Profit. The stock is currently trading at Rs 168, up 0.33% on the BSE.
Sell RCom which breaching Rs 162 can slide 8-10%, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock is currently trading at Rs 164.30, up 0.2% on the BSE.
Hold RCom with long-term targets of Rs 230 and 300 and stop loss of Rs 155 and then 131, says Prasad Kushe, technical analyst, on Zee Business. The stock is currently trading at Rs 162.75, down 0.8% on the BSE.
Sell RCom with target of Rs 139, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock is currently trading at Rs 145.50, down 1.1% on the BSE.
Sell RCom with target of Rs 141 and stop loss of Rs 152, says Salil Sharma, technical analyst, on Zee Business. The stock is currently trading at Rs 144.95, down 1.4% on the BSE.
Buy RCom with target of Rs 150 and stop loss of Rs 142, says Nishant Jain of Tradeswift on CNBC Awaaz, as closing market strategy.
Buy RCom with target of Rs 162 and stop loss of Rs 151, says Anu Jain, technical analyst, on CNBC TV18. The stock is currently trading at Rs 158.15, up 2.3% on the BSE.
Buy RCom with 3-6 month target of Rs 250, says Sandeep Jain of Tradeswift Broking on CNBC Awaaz. The stock is currently trading at Rs 183.45, up 2.5% on the BSE.
Buy RCom with target of Rs 193 and stop loss of Rs 168, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 182.85, up 2.2% on the BSE.
Hold RCom with target of Rs 240-250, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 185, down 0.9% on the BSE.
Sell RCom with target of Rs 174 and stop loss of Rs 196, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 186.35, down 0.6% on the BSE.
Buy RCom with target of Rs 203 and stop loss of Rs 187, says Pankaj Jain of Satguru Capital on Zee Business. The stock is currently trading at Rs 198.60, up 3.2% on the BSE.
Buy RCom with short-term target of Rs 228 and stop loss of Rs 180, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 198.40, up 3.1% on the BSE.
Hold RCom which is in an intermediate uptrend, says Hemen Kapadia, technical analyst, on NDTV Profit. It has support at Rs 189 and resistance at Rs 201, he adds. The stock is currently trading at Rs 198.50, up 3.1% on the BSE.
Hold RCom with target of Rs 220-225 in 3-6 months and keep stop loss of Rs 174 on closing basis, says Vijay Bhambwani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 200.90, up 4.4% on the BSE.
Buy RCom with target of Rs 240 and stop loss of Rs 165, says Alpesh Furiya, technical analyst, on CBNC Awaaz. The stock is currently trading at Rs 192.45, up 2.4% on the BSE.
Buy RCom with intra-day target of Rs 199 and stop loss of Rs 192, says Pankaj Jain of Satguru Capital on Zee Business.
Buy RCom with target of Rs 201 and stop loss of Rs 189, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 193.35, up 0.1% on the BSE.
Buy RCom with target of Rs 220 and stop loss of Rs 184, says Deepak Singh, technical analyst, on NDTV Profit. The stock is currently trading at Rs 190.85, down 0.2% on the BSE.
Buy RCom with target of Rs 196 and stop loss of Rs 186, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 189.70, up 0.6% on the BSE.
Sell RCom with target of Rs 174 and stop loss of Rs 181, says Shardul Kulkarni of Angel Broking on NDTV Profit. The stock is currently trading at Rs 176.65, down 1% on the BSE.
Sell RCom with target of Rs 160 and stop loss of Rs 180, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 175.20, up 0.4% on the BSE.
Buy RCom with target of Rs 200 and stop loss of Rs 165, says Somil Mehta of Sharekhan on NDTV Profit. The stock is currently trading at Rs 175, up 0.03% on the BSE.
Sell RCom with target of Rs 146 and stop loss of Rs 164, says Shrikant Chouhan of Kotak Securities on NDTV Profit. The stock is currently trading at Rs 160.70, up 0.5% on the BSE.