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Buy Reliance Industries with stoploss of Rs 2130: Nirmal Bang

Posted on: June 16th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Reliance Industries with stoploss of
Rs 2130.

“Reliance Industries can be bought with stoploss of Rs 2130. Resistance is seen at Rs 2195. If the stock maintains above Rs 2195 then next target is Rs 2285-2320. And if Reliance trades below Rs 2130 then there is a possibility that it could test Rs 2005,” said Nirmal Bang report.

source: Economictimes

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