Query Trends : REL & Indiabulls

Query : I have 100 Reliance Energy @ Rs.1935/-. I purchased in anticipation of making short term profit, as Reliance Power IPO was coming, but have since got stuck as the share continues to fall. I also have 100 Indiabulls Financial @ Rs.805/-.
Please advise what to do? Shall I book loss and come out as in December all shares are likely to fall. Ripon1

Thebullishtrends : Reliance Energy shares closed yesterday at Rs.1738. The down trend in the month of December is quit normal in global markets, as FII's will book profits in stock markets due to their financial year closing, but there will be a chance of uptrend in stock markets, as Dec' month is a very important for the business circle in U S, as they will get more sales on the occasion of X'mas and new year, but this time the U S market trend will be decided by the Federal rate cut, hence one cann't comment on the down fall right now.

Don't worry we are expecting good announcements from Rel Energy in coming months, just hold this scrip for three months time horizone.

Indiabulls shares closed yesterday at Rs. 737, recently the company entered into an agreement with MMTC for setting up a multi commodities exchange, the proposal has got an acceptance from Ministry of Commerce and Industry, in which the company will have 74% of the share. Indiabulls is having sound fundamentals hold this scrip.