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Monday, January 11, 2010

RELIANCE INDS

RELIANCE INDS. (1103) - BULLISH
The Call was flashed on Odin terminal dated 7th JAN, 2010
Buying Range : Rs. 1112.00 - Rs. 1100.00
Stop - loss : RS. 1058.00
Target : Rs. 1240.00
Time frame : 5 - 6 weeks.
Reliance Inds: The stock has given a trendline breakout with
rising volumes on the weekly charts. Further, RSI and the
stochastic oscillators are positively poised. This suggests further
upside in the coming weeks.

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