HunnyKhanna

Reliance Long : Reliance heading for 1400

Long
NSE:RELIANCE   RELIANCE INDS
The reliance is all set to move to 1400, a cruical upper resistance and expected to break within one week time frame. One can go long on the stock by buying reliance 1360 call currently priced at rs. 24 with expected price target of Rs 50. However, one should note their is reliance results coming up on 18th april and should keep strict stop loss of 1330.
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