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Published on 6/12/2018 9:18:00 AM | Source: Religare Securities Ltd

Buy Reliance Capital Ltd Put option For Target Rs.8.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report| #NBFC #Reliance Capital Ltd. #Trading Report #Religare Securities Ltd

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Reliance Capital Ltd

RELCAPITAL has been consistently maintaining its downside trend. It has witnessed a fresh breakdown today i.e. December 12 and likely to see fresh decline ahead. We suggest creating fresh shorts through Put option in the given range. 

Recommendation 

Buy Reliance Capital Ltd 220 PE @ 13-15 Stoploss 8 Target 28 CMP 16.20

 

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