Should I sell and re enter into Reliance Petro?

Query: First of all let me thank you for the wonderful work you are doing. I would like to know more advice on Reliance Petroleum. When the Reliance Power will list in February'08 what will be the impact on RPL share price? I am a small investor and currently holding RPL @ Rs.217.
Will the price will come down so that before Reliance Power listing should I book profits and again re enter? Ashish

Thebullisthrends:Reliance Petro shares price closed on Friday at Rs. 219. There is no relevance between Reliance Power issue and Reliance Petro share declining As per poor market conditions and ahead of Reliance Power IPO only the Mid-cap stocks are facing the selling pressure even Reliance Petro share price is facing the same problem.. Technically Reliance Power is having support at Rs.201. No need to sell and re enter into RPL. Hold it