s.aradhye

BUY Reliance 1100 for deadcat bounce

Long
s.aradhye Updated   
NSE:RELIANCE   RELIANCE INDS
Reliance is in downtrend since last 15 days and approaching a round figure of 1100.

Normally Stocks tend to take support around round figure.........

Hence buy at 1100 for bounce. target should be at least 25 to 50 rupees on upside.
Comment:
Reliance 1130.......... book partial profit.
Trade closed: target reached:
Reliance 1150 Book full profit.......
Trade closed: target reached:
Reliance 1300. what a great run . did not expect this up move so fast.
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