Above Rs 1280, Reliance can touch Rs 1340-1350: Bose

Technical Analyst, Rajat K Bose is of the view that above Rs 1280, Reliance Industries can touch Rs 1340-1350.
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Dec 12, 2008, 04.30 PM | Source: CNBC-TV18

Above Rs 1280, Reliance can touch Rs 1340-1350: Bose

Technical Analyst, Rajat K Bose is of the view that above Rs 1280, Reliance Industries can touch Rs 1340-1350.

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Above Rs 1280, Reliance can touch Rs 1340-1350: Bose

Technical Analyst, Rajat K Bose is of the view that above Rs 1280, Reliance Industries can touch Rs 1340-1350.

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Rajat K Bose, Technical Analyst
Technical Analyst, Rajat K Bose is of the view that above Rs 1280, Reliance Industries can touch Rs 1340-1350.

Bose told CNBC-TV18, "Reliance has come a long way. In fact, it has even crossed Rs 1280 and the way it has actually bounced back today is a cause for cheer. I would say that if tomorrow one find it staying above Rs 1280, then the next target would be something like Rs 1340 to Rs 1350. In fact if one look at the whole Reliance pack, irrespective of which brotherís company it is, they are actually suggesting that they can actually move up much further from here."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 1118.60 1288.00 169.40 15.14
5-Days 1069.50 1288.00 218.50 20.43
7-Days 1069.50 1288.00 218.50 20.43
15-Days 1071.70 1288.00 216.30 20.18
1-Month 1303.05 1288.00 -15.05 -1.15
3-Month 2083.55 1288.00 -795.55 -38.18
6-Month 2199.40 1288.00 -911.40 -41.44
9-Month 2273.20 1288.00 -985.20 -43.34
1-Year 2822.50 1288.00 -1,534.50 -54.37

 

 

 

 

 

 

 

 

 

Currently -60.39% below the 52-week high of 3,252.10
Currently 38.49% above the 52-week low of 930.00

 

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Above Rs 1280, Reliance can touch Rs 1340-1350: Bose
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