Reliance Industries

RIL declared a pretty bad set of numbers and Ambani known for there shrewd business tactics covered the bad result goof up with Buy back with a max price at 870. So When Promoters itself do not consider the current valur of company more than 870 as per current business scenario.
To add to it Buy back @870 does not mean that Stock will trade above 870 a general misconception most of people are having.
It basically means than if stock trades at 550 also Promoters will buy at 550. Maximun …

 
Bombay Dyeing
Bombay Dyeing has it given a break out ?
Looking at daily chart Stock has broken above its upper trending line and 200 DMA with volumes but..
200 DMA is dividing line between BUlls and Bears. Below 200 DMA bears rule and above 200 DMA BUlls do party.
The most important level to confirm breakout id 386-387 above which only if Bombay dyeing closes Breakout gets confirmation and Stock can very well move till 419 levels.

Buy above 387 Tgt 397,404 and 419
Sell below 371 Tgt 363,359 and 351

Mundra Port SEZ
Our Reader Mr. …

 
HI All,
I was not in best of my health from past 3 days reasson for no updation on site.
Thanks all for showing concerns by calling on cell and sending mail.
 
Reliance

RIL the poster buy on Nifty has woken up again yesterday and reason for 100 point jump in market.Volumes are point of concern as with a 4% rise volumes were only 4.21 million. So there was a short covering in futures which induced the rally.
 
Looking at Daily chart above 854 levels stock will do its breakout from down trending trend line. …