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 !!!!


http://www.dnaindia.com/money/1839207/report-reliance-strikes-new-rich-vein-of-gas-in-kg


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 .


2013May-RELIANCE INDUSTRIES LTD-800x600


 


 



Reliance buy on dips for 4 to 5 % gain

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