Short Term Positional Call - RIL
Buy and Hold RIL (CMP - 1065.00)
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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