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Jul 15, 2007

(RIL): Strong Buying Pattern

Reliance Industries (RIL): All TA indicators like MACD, RSI, WILLR, MFI, STOCH, ADX are up and showing strong buying pattern.


Breakout.


Some Levels:
Reliance Industries(RIL)
DatePrice
20-Jan-06700
30-Mar-06800
19-Apr-06900
21-Apr-061000
4-May-061100
16-Oct-061200
6-Nov-061300
8-Feb-071400
20-Apr-071500
25-Apr-071600
18-May-071700
13-Jul-071790


Recommendation: Buy with a Stop Loss of 1730 for the Target-1 1920 & Target-2 2075.

List of Holidays

23-Nov --------------- Friday ----------- Gurunanak Jayanti
25-Dec ------------- Tuesday ---------------------- Christmas

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