On a Much Hype RNRL-RPOWER CASE We personally feel that in Short Period RNRL should give more than 30 to 50% upside with 10% loss maximul on lower side, Besides market assumes that swap ratio will be decided on 5:1 ratio i.e. on the basis of their book value, but looking at large punter interest with RNRL we personally assume they would like to get the best deal out of this NEWS and would like to play with RNRL on a higher side,,,, we have experienced already that RNRL has capacity to mover Rs. 20 to Rs. 25 in a day....
ANYTHING IS POSSIBLE....
DISCLAIMER- RECOMMENDATION ARE BASED ON SOURCES TERMED TO BE RELIABLE WE ARE NOT RESPONSIBLE FOR ANY GAIN/LOSS
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