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Published on 13/07/2020 12:18:58 PM | Source: Motilal Oswal Financial Securities Ltd

Buy Reliance Industries Ltd For Target Rs. 1965 - Motilal Oswal

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Reliance Ind.

* The stock has been making higher top - higher bottom formation and trading at life time high territory. It has managed to hold above immediate hurdle of 1865 zones and Mechanical indicators are intact at buy mode. It is trading above all the moving averages and every small decline is being bought in the counter with tremendous strength to outperform the entire market.

* Thus, recommending to buy the stock with stop loss below 1835 for an upside target towards 1965 levels

Buy Reliance Industries Ltd  2-3 Days CMP 1878 Target 1965  SL 1835

 

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