Friday, April 22, 2011

RELIANCE -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


RELIANCE closes  at 1040.60 with a  gain of +1.4% on 21 April 2011 with formation of White Candle on Daily  Price Chart. Technically, RELIANCE is   now in Bullish Zone. On Daily Charts, Major Momentum Indicators, Spearman & Force Index is moving Upward.PIR Daily  is trading above its Weekly Value along rising RSI , making the next move in upward Direction.
We Recommend to BUY –   RELIANCE at CMP
Target- 1097
Time Frame- 10 Trading Days
Stop-Loss – 1029

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