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3 Feb 2009

Deepak Mohoni Technical Analyst Views for Reliance


1. Deepak Mohoni a technical analyst who appears on all leading business channels including CNBC 18 TV 18 is of the opinion that one can hold Reliance Industries with a long term perspective. He is of the view that the downside risk in the stock is limited to the tune of maximum 10-15% downside with an unlimited upside potential.

2. We personally feel that Indian stock market fortunes are greatly interlinked with Reliance and it is no doubt Indians love reliance Industries but only thing which can hamper their progress is that this group is poor on reliability and thus scores poorly on trust factor.

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