[sharetrading] RELIANCE

 

Though there is euphoria in reliance camp and I also view the stock as a valuable one, I feel the wait need to be a little longer for a buy. It needs to close > 1056 on closing basis for an initial buy and add on at a later stage as it rises…. Full buy signal will be in place only above 1100…

As of now the US markets have not signaled that the selling is abating, yet. So just hold on to your horses, before pumping fresh money into the markets….

 

Abe

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