Presently market is waiting for the correct direction and same will be visible only after the 3 main events namely rail budget on 22 Feb, economic survey presentation on 25 Feb and presentation of Union budget on 26 Feb. Thus avoid going long without an expert advice. The week is full of action and one can make money only with
Sureshot Calls only as those are based on specific info and have been tested for the accuracy. As a strategy one can trade in this week with intraday calls to get the best results. However long term investors have a chance to get the best stocks at reasonable valuations.
One can trade in Reliance considering the support as 975-960. If the stock is able to close above the levels of 1000 consecutively than it can target the levels of 1020-1060 and if the level of 995 is broken than stock can fall to the levels of 975,960.
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