Friday, July 1, 2011

Reliance Infra

Few calls like long calls on HUL , Lic housing  and Piramal Health care and short call on cummins worked almost perfectly in last expiery.,hope every one has made profit.

Now only IDFC long call is open and today we come with one new call on Reliance Infra.
The stock is trying to break the downtrend channel and the similar pattern has been seen in Reliance power and R.Com also and they have almost given the breakout confirmation,So hoping positively one can initiate long call in it if it holds above 548-550 level with a stop of 525 on closing basis for target of 590-600 in a short time.

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