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2 Apr 2009

Indian stock Reliance strategy for 06 Apr


1. As a strategy for trading in Reliance industries one can short this stock if it remains below the level of Rs 1598 on closing basis in coming days.

2. However one can enter this stock only if it closes above the level of Rs 1665 and remains so on the weekly closing basis as thereafter the stock can target the level of Rs 1800.

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