Sunday 18 September 2016

Equity Technical Pick - RIL 15 Sept 2016


Short Term Positional Call - RIL



Buy and Hold RIL (CMP - 1065.00)




Triple Top with Three Inside Up

Technical Indicators suggest overall a Buy Buy situation.


With P/E Ratio of just 10.06 against Industry P/E of 55.03, it is a high deliverable Stock. The share is Fundamentally and Technically Strong and can be held for Long Period.

Target (Cash/Future) 1110---1124

Stop Loss 1005

Further movement might even lead it to 1200+ levels. Keep a watch over the News of the Company and you can book good Profits.

Week only below 1000 only.

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