From the above chart of Reliance Industries we ca clearly see that the stock is oversold and it is in the range from which it has bounced previously also.So i would advise to buy Reliance Industries November Futures @ 761-763 with a target of 775-780.
RELIANCE NOVEMBER FUTURES closed @ 790. Target achieved.
ReplyDeleteToday RELIANCE INDUSTRIES open at 878.85 with the loss of -8.70 (-0.98%) point.Please provide some stop loss tips for this share price
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@ RITU SHARMA: Now is the time to exit from all our investments in Capital Markets and hence it is wise to take money off RELIANCE now @ 1080. I initiated a short term trading call back in 2012 but now it is a perfect sell.it has run up quite significantly from my level. Now i initiate my SELL call on RELIANCE INDUSTRIES. Possibility of seeing this share in the range 650-700 in 6 months time that will be the time to accumulate it.
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