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3 Mar 2010

Indian Stock Tips | Intraday Trading Tips | Reliance | 04- 07 Mar

Reliance is presently stagnating and till the time it is able to sustain itself above the level of Rs 1000, it is good for the stock. Stock in its upward journey encounters resistance at the level of 1020 which if crossed on closing basis for 2 consecutive days means that the worst is over for the stock.

However keep an eye on the level of 969 because if this level is broken on the lower side than get ready for the levels of 960-940. Levels of 984,989 and 999 act as the support levels for the stock.

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