Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
30 May, 2015 18:11 IST
`Buy` RInfra above Rs 479 for target of Rs 500: Rahul Randeria
Source: IRIS | 16 Nov, 2012, 11.53AM
Comments  |  Post Comment

``Traders can buy Reliance Infrastructure above Rs 479 for a target of Rs 500 with a strict stop loss placed below Rs 464 from perspective of 4-5 weeks,`` said Rahul Randeria, technical analyst, IDBI Capital.

``Yestarday, Rel Infra has formed an engulfing bullish candle on the daily charts. However, the stock has witnessed a selling pressure is the past trading sessions and now it is poised for a technical pullback from the current levels. On the oscillator`s front; RSI & Stochastic are placed with positive crossover on the daily charts,`` said Randeria.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Reliance Capital Q4 earnings surge 52% - 29-May-2015 18:43
Jet Airways loss narrows in Jan-Mar quarter - 29-May-2015 18:38
Unitech loss widens in Jan-Mar quarter - 29-May-2015 18:25
Cipla Q4 earnings decline 0.4% - 29-May-2015 18:18
Crompton Greaves turns to loss in Jan-Mar quarter - 29-May-2015 18:03
Rural Electrification Corporation quarterly earnings decline 7.98% - 29-May-2015 18:00
Berger Paints India quarterly net climbs 4.95% - 29-May-2015 17:54
Bosch quarterly net declines 11.9% - 29-May-2015 17:51
Reliance Communications quarterly profit surges 46.15% - 29-May-2015 17:44
Sun TV Network quarterly profit up 2.74% - 29-May-2015 17:31
Tuni Textile Mills swings to loss in Jan-Mar quarter - 29-May-2015 17:28
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer