Is RCom a good buy?

It doesn't look great currently, it has given a very strong selling signal recently, it should be sold as it will only move up in case of positive news else it will keep making fresh lows. Remain away from RCom. Spread Smiles!! Is it a good idea to buy Reliance shares after today's (9.3.

Keeping this in view, is it good to invest in RCOM?

Nope. Avoid RCOM shares. I personally feel that no ADAG group share will create investors wealth except “Reliance Nippon Life Asset Management” which is having an excellent track record and a very good Business line. So stay away from RCOM and get into other Telecom Stock like Idea or Airtel.

Secondly, will RCOM shares go up? Stock Price, Live Updates, NSE, BSE, Stock Market News.

Reliance Communications Ltd.

Change	Change %
-0.05	-5.88%
Updated:18 May, 2020, 15:59 PM IST

Secondly, is it good time to buy rcom?

Now comes to your question, yes this is the best time to buy Reliance Communication. You can buy it now and will get good return in coming days. But again I will recommend you before buying or selling anything do you own research.

Is it right time to invest in Reliance Communication?

No its not right time for investing in any telecom comapany in India. because India's telecom market is very fluctuating now. after few years it will more fluctuating and competitive market in the whole world.

Related Question Answers

Should I buy RCom shares today?

Reliance Communications Limited (NSE: RCOM) As on 8th May 2020 RCOM Share Price closed @ 0.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 0.81 & Buy for SHORT-TERM with Stoploss of 0.80 we also expect STOCK to react on Following IMPORTANT LEVELS.

Who is going to buy RCom?

Jio, UVARC emerge top bidders for RCom assets with bids worth Rs 21,000 cr. Mukesh Ambani's Reliance Jio Infocomm and Delhi-based UV Asset Reconstruction Company (UVARC) are learnt to have emerged the highest bidders for the assets of Reliance Communications (RCom) and its subsidiaries, according to banking sources.

Will Jio buy RCom?

Reliance Jio is likely to buy out bankrupt telco Reliance Communications (RCom), under the Insolvency and Bankruptcy Code, with Bharti Airtel withdrawing its bids.

Is RCom going to shut down?

RCom, reeling under debt of around Rs 46,000 crore, decided to shut down its voice call services after it failed to close its wireless business merger deal with Aircel in the beginning of this month. RCom and Aircel in September last year had signed a binding agreement to merge their mobile businesses.

What will happen to RCom?

RCom may be merged with any Adag group company or some other entity may buy it. Even banks can take control over it through NCLT. Its better you sell the scrip now.

What will happen to shareholders of RCom?

If rcom files for bankruptcy which I believe it will soon file for it then your shares will be as good as worthless, because during liquidation, dissolution or winding up of any corporation the debt and debt like characteristics (I.e debt , bonds, preferred share class etc ) will be paid first, the equity share holders

Can I buy RCom share now?

Reliance Communications Limited (NSE: RCOM) As on 21st May 2020 RCOM Share Price closed @ 0.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 0.81 & Buy for SHORT-TERM with Stoploss of 0.79 we also expect STOCK to react on Following IMPORTANT LEVELS.

Can we buy RCom share now?

As on 3rd Aug 2018 RCOM Share Price closed @ 15.65 and we RECOMMEND Sell for LONG-TERM with Stoploss of 19.37 & Buy for SHORT-TERM with Stoploss of 14.47 we also expect STOCK to react on Following IMPORTANT LEVELS.

Reliance Communications Limited (NSE: RCOM)

RCOM Target for August
3^rd Target down-side	9.43

Can I buy RCom?

No you should not. Unless If you're a trader don't buy RCom. If you're very good at reading trends and candlestick pattern then you can buy this for intraday trading.

Why RIL share price is going down?

RIL posted revenue of Rs 168,858 crore in the December quarter, down 1.4% year-on-year, mainly because of a 10.6% decline in the O2C (oils-to-chemicals) business revenue on the back of lower product price realization and a 6.6% fall in Brent crude price.

What is Bank Nifty prediction for tomorrow?

Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK as on 20 May 2020 appears strongly Bullish. This stock started moving upwards as soon as it opened.

Munafa value: 70 as on 20 Wed May 2020.

Strong resistance	31025
Strong resistance	29522
Strong resistance	28006
Strong resistance	26570
Strong resistance	20645

What stock should I buy today?

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