Reliance Industries has support around Rs 880: Manghnani

Reliance Industries has support around Rs 880, says Anil Manghnani, Modern Shares & Stock Brokers.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Stocks Views

Jan 30, 2013, 12.12 PM | Source: CNBC-TV18

Reliance Industries has support around Rs 880: Manghnani

Reliance Industries has support around Rs 880, says Anil Manghnani, Modern Shares & Stock Brokers.

Like this story, share it with millions of investors on M3

Reliance Industries has support around Rs 880: Manghnani

Reliance Industries has support around Rs 880, says Anil Manghnani, Modern Shares & Stock Brokers.

Post Your Comments

Share Cancel

Anil Manghnani (more)

Analyst, Modern Shares & Stock Brokers | Capital Expertise: Equity - Technical

Reliance Industries has support around Rs 880, says Anil Manghnani, Modern Shares & Stock Brokers.
 
Manghnani told CNBC-TV18, “ Reliance Industries , after hitting although a Rs 950 it has come off quite a bit. So, it I guess it warrants a little bit of a buy, I guess just from oversold territory. Rs 880 is a support, but I don’t mind all the way upto about Rs 860. So in that Rs 20 range buy it with a stop of about Rs 855 and play for a pullback Rs 910-920 range, maybe even a little bit higher.”

At 12:11 hrs Reliance Industries was quoting at Rs 893.30, up Rs 10.75, or 1.22%. It has touched an intraday high of Rs 902.85 and an intraday low of Rs 886.35.

Buy, Hold, Sell ? Hear it first on M3
Reliance Industries has support around Rs 880: Manghnani

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login