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25 Mar 2009

Indian Stock Reliance Closing Market Strategy

1. One can enter in Reliance Industries Limited with a rider that it should be able to sustain above the level of Rs 1475 for coming next two-three days on closing basis. Presently stock is trading above the level of Rs 1500 and if this trend is maintained than one is likely to get quick returns in the stock.

2. Reliance Industries on its breakout from its resistance has a target of Rs 1775-1800.

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