The stock has given a breakout today. Buy on dips to 460-465 with a target price of 490 + in short term.
D S Kulkarni :
The stock is seeing encouraging volumes. A move above 78 on closing basis could give a trading move to 90.
In the last 1 year we have seen a severe underperformance by Reliance Inds.
The stock has already given a breakdown but a move blow 960 on closing basis could take the stock down to 860 also.
So 960 would be the deciding factor in near term.
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