Reliance

Sell with stops 2525 EOD, target 2320

Reliance

Sell with stop 2840 EOD, target 2652

Reliance

With the 1305-1315 zone again spoiling the party, Reliance reacted downward after hitting a high of 1312 on friday. It remains as one of the four scrips, alongwith ONGC, HDFC and SBI, that can enable Nifty to break past the 4050 barrier and scale new highs. Unless the quartet performs, the chances of a new high on the index are bleak. The levels given earlier hold still.

Reliance

1305-1315 remains the crucial level for this scrip to overcome. Break above these levels would see it target 1350-1370 in quicktime I would say. 1240 remains the stoploss. Enjoy !

RIL

RIL new hourly raising channel...

RIL

RIL has broken the channel but fell back in... its now in a new raising channel

RIL

RIL... stuck in a range and in a falling channel watch for a possible breakout