Sunday, May 26, 2013

Reliance buy on dips for 4 to 5 % gain

Reliance strikes new, rich vein of gas in KG    chal reliance oopar ko !!!!

gud news for it  …buy on dips    for 4  to 5 % gain within a week …  closed at 785   …tgt 820 plus

keep  stoploss at 758 closing basis   add more on dips up to 760  with sl 758 .

for intra trades   ….trade according to intraday  trends

spotted bullish harami ..

triple bottom at 760 64  level

Trading at lower bollinger … bouncing is possible as falling momentum is not there .

wise decision is to go long on this  counter ..

news and technical indicators are supporting buy/ bottom fishing .




Reliance buy on dips for 4 to 5 % gain

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