Nifty Tips
RELIANCE INFRASTRUCTURE LIMITED
The lot size for Reliance Infra is 500.
The stock is in major down trend and currently consolidating near to its major support level. It has given closing below its 10 day and 50 days moving average on intraday charts and having Daily RSI at 39.28 levels. If it manages to sustain below the level of 390, we may expect a downside momentum in it. Traders may go SHORT in this stock below the level of 386 for the targets of 375 and 366 with the strict Stop Loss of 400.
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The lot size for Reliance Infra is 500.
The stock is in major down trend and currently consolidating near to its major support level. It has given closing below its 10 day and 50 days moving average on intraday charts and having Daily RSI at 39.28 levels. If it manages to sustain below the level of 390, we may expect a downside momentum in it. Traders may go SHORT in this stock below the level of 386 for the targets of 375 and 366 with the strict Stop Loss of 400.
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Nifty Futures Tips
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