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27 Jul 2008

Can Reliance stock touch 1500 levels?

1. Reliance is presently in a bearish mode and one has to guard the stock breaking the levels of Rs 2079 and if this level is broken one can short the stock as Reliance stock can achieve targets of Rs 1979, Rs 1900 and Rs 1720 and last but not least is lits ower most target of Rs 1500.


2. Presently am bearish on stock and advice all to avoid going long in the stock as stock can fall to the above given levels which will be not accepted by Indian public due to its faith in this stock.


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