Make Money in Indian Stock market with Reliance
One has to be careful while trading with Reliance as it has has filled the gap formed after the Lok Sabha election results. One can call this action in Reliance as an exhaustion gap which is signalling an end to the up-trend since the times low has been seen in March 2009.One has to keep an eye at the levels of Rs 1,899 because if this level is breached one may see stock touching the levels of Rs 1,701 or Rs 1,525 is possible. However in scenario of a pull back the stock can touch Rs 2,265 in the short-term. Keep an eye on Rs 1899 as a level and one can short this stock for the target of Rs 1800, 1780 in its downward move.
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