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10 Mar 2008

Reliance Stock Update

1. Reliance has a monthly resistance at 2450 and it has to close above this magic figure thrice to show any change in trend.


2. One can consider major support weekly supports at 2100-2125.

3. If support 2230 is crossed than one can see a immediate target of 2330, 2350. However one has to be careful with this scrip as moment bears attack it, the stock can move till 1750 which will be lowest possible range on the lower edge.

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