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6 Dec 2009

Indian Stock Market Tips | Indo Share Tips | Reliance | 07-11 Dec

Indian stock Tips | Indian share Tips | Shares Tips

One can say that the trend of Reliance is up till the time the stock is able to sustain itself above the level of 899.

However stock is facing stiff resistance between the level of Rs 1,100-1,120. If the stock is not able to move above the level of Rs 1105 than it is likely that stock may remain range bound between Rs 900-1,030-1,120 for a few days.

In case downtrend the stock is going to see a resistance at the levels of Rs 1,010 -Rs 985. The stock once breaks past the level of Rs 1100 will target the level of Rs 1,200 in the medium term.
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