2023-12-18 11:03:27 am | Source: Religare Broking Ltd
Stock of the day : BUY 2500 CE Reliance Ltd For Target Rs.70- Religare Broking
Reliance Ltd
* Reliance has been recovering gradually for the last two months with rising volumes.
* It has been trading in 500-600 points range from nearly two years and rebounding after retesting the lower end of the range.
* Has surpassed 38.2% retracement level and reclaimed its short term moving average.
* We thus recommend creating longs through the Call option.
Buy 2500 CE Reliance Ltd CMP 33.45; Range 32-34; SL 15; Target 70
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Indian equity benchmarks closed on a flat note ahead...
Reliance Infrastructure soars as its arm enters into...
Indian refiners scrap 65,000T palm oil orders as Mal...
Kranti Industries rises on getting new part developm...
Tata Technologies moves up on getting selected as st...
SEBI approves major market reforms: Easier Esops for...
Nifty immediate support is at 24700 then 24600 zones...
Silver hits another record high of Rs 1.11 lakh per ...
Government earns Rs 3,164 crore revenue from scrap s...
Quote on Morning Market Views 19th June 2025 from Dr...
.jpg)
