Reliance Petro has moved to the Red zone from Green :-(
I bought it at 167/- .. 20 of them.. and now its 154/- today :-O
It was doing well after a few days since I bought. All of a sudden this sudden crash.
In the same sector is Bharat Petroleum. I was keeping an eye on it too. It has incidentally gone into red zone as well..
Its last close was around 450/- and today its on 434/-
Essar Oil closed from 232/- to 222/- today going into the Zone red too.
Chennai Petroleum has also gone from 303/- to 288/- again getting it to the zone red!
Seems the Refineries sector is doomed !!!
My first try on shares was unlucky..
lets hope things get better !