Wednesday, January 4, 2012

Reliance

Reliance is facing selling pressure, watch out the 740 mark. If it crosses 740 mark with good volume then we can see more upside else will see new low and it would lead nifty also to touch new lows. Stop loss for short is above 740. Just Compare the nifty and reliance charts.



Nifty Review

Stop loss for nifty long below 4700. Holding above 4700 can attempt higher levels



Short Term Investment

Buy and hold SAIL for short term.LTP 83.5

Buy and hold ORCHIDCHE for short term.LTP 140


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