Buy Reliance Infra with target of 473

Reliance Infrastructure Limited (NSE:RELINFRA, BOM:500390) is one of the heavily beaten down stock in the first quarter of 2013. During this period the stock went down from 572 50 to 315.00 levels. Its not only Reliance Infra, almost all Ambani group stocks such as Reliance Capital, Reliance Communications, Reliance Power and Reliance Media went down … Read more…

Reliance Infra forms Evening Star in candlestick chart

Reliance Infra forms Evening Star in the candlestick chart. Evening star is most reliable bullish trend reversal pattern. In the last one month the stock has rallied from 444 levels to 530 levels. Though last day trading has formed little green body candle, it could be considered as bearish till it goes above 525 levels. … Read more…