The daily candlestick chart of Nag Constn shows a bullish candle. After a decline
from Rs.146 it is once again nearing support at Rs.112-115. High risk traders can buy
in declines around Rs.118-120 with a strict stop loss below Rs.113.50 in close for a
pullback to Rs.129-130 in the coming 7-8 days. A breach of Rs.112 would negate the
bullishness.
* Trade in cash and in small quantities.
Rel Infra Chance Buy CMP: 1002.30 Tgt: 1024-1053
The daily candlestick chart of Rel Infra shows a bullish candle on high volumes. It is
pecking the earlier highs at Rs.1016. If it sustains above Rs.1018-1024 then a test of
Rs.1053 is likely. High risk traders can buy Rel Infra in declines around
Rs.985 with a strict stop loss above Rs.963 in close for a pullback to Rs.1024
and an optimistic target of Rs.1053 in the coming 7-8 trading sessions.
* Trade in cash and in small quantities.
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