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Buy Reliance Infrastructure on dips with stoploss of Rs 920-880: Nirmal Bang

Posted on: July 14th, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Nirmal Bang has advised traders to buy Reliance Infrastructure on dips with stoploss of Rs
920-880.

“Buy Reliance Infrastructure on dips with stop loss of Rs 920-880. Resistance is seen at Rs 980. If it maintains above this level then look for a target of Rs 1030-1065. The stock has corrected 30% from its recent top of Rs 1345 to low of Rs 951. Major support exit at Rs 820,” said the report.

source: Economictimes

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