Reliance power listing

Reliance power(Anil Dhirubhai company)is the biggest issue in indian stock market.Everybody is eagerly awaiting for its listing.Reliance power is listing on Feb 11 2008,The stock is likely to list at around Rs 450-500 at the worst case and maximum possisbility of Rs 600 not more than that,it will touch 650-700 in short term.while opening is high means one should sell there positions in will stabilize in and around Rs 500.During some correction we can take back the positions for long term perspective.

The issue price has been fixed at Rs 450. The stock will be part of NSE F&O, the lot size is of 450 shares and options strike priced between Rs 10-1350.

Reliance Power is the flagship company of the Reliance ADA Group to develop, construct and operate power generation projects. The company is currently developing 12 power projects with a combined planned installed capacity of 28,000 MW, one of the largest portfolios of power generation assets under developments.