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21 Dec 2008

Tip for Indian share to make money |Reliance |22 Dec- 27 Dec

1. Reliance industries has supports existing at Rs 1,250 and Rs 1,160. If the stock is able to move above the level of Rs 1,390; than the stock can target the level of Rs 1600.

2. However in its onward journey stock will encounter resistance at Rs 1,421- Rs 1,493. During the medium term stock is likely to be moving with in a broad range of Rs 950 - Rs 1,500. The bullish move will be on the way if the stock moves surpass the level of Rs 1500 to target the levels of Rs 1,590-Rs 1,650.

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