Wednesday, March 07, 2012

RIIL is likely to touch its 200 dma again. the stock has faced tremendous selling pressure from 500 level & also failed to close above its 20 sma. today it has broken its trendline support & closed at 470. one should go short @ 484-488 levels wid SL 495 (closing basis) target 466,453....
 
 

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