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15 Feb 2009

Millionaire Indian stock Tip | Reliance | 16 Feb-20 Feb

1. Reliance Industries has a stiff resistance at the level of Rs 1415 to be able to target the level of Rs 1500. Stock is likely to trade in a range between Rs 1000- Rs 1500. The stock has a neutral view from medium term.

2. One has to be careful while shorting below the level of Rs 1275 as the stock is likely to show a reversal around these levels.

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