17 February 2014

RELIANCE - Extreme Short Term

UPDATE
Week of 24th Feb

An attempt at < 800 seems quite possible this week.


UPDATE
21st Feb
Not performing as expected. EXIT.


Long

Buy on dips to around 814
Target  ~ 840
Stop    < 802
Caution : This stock is rampantly used by market makers to manage NIFTY levels therefore often some unexpected wild moves are seen making it difficult to trade. But broadly the gross move for next few days should see the target.


No comments: