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16 Dec 2008

Projected Stock Price target for Reliance and SBI: 16 Dec 2008

1. Reliance Industries has a short term target of Rs 1350 and if this level is conclusively held on closing basis than stock can charter towards another resistance of Rs 1400.

2. SBI has a short term target of Rs 1275 as per technical analysis and presently stock is in a bullish mode. If Rs 1275 is held on closing basis than stock is likely to touch the levels of Rs 1350.

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