YESTERDAY RELIANCE IS ON
FIREEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RELIANCE ALMOST HIT FINAL TGT 920 MADE LOW OF 917
Earlier in the day, the indices suffered losses
weighed down by weak earnings outlook and mixed cues from the macroeconomic
data. Sensex opened flat but then had lost nearly 100 points before the
late-session rally that helped it end the day 204 points, or 0.76 per cent,
higher at 27,214. The Nifty gained 58 points, or 0.72 per cent, to end at 8,266. The Sensex ended the week with
gains of 136 points, or 0.5 per cent while the Nifty closed with gains of 48.3 points, or 0.6 per cent. About 1323 shares advanced, 1401 shares declined, and
178 shares were unchanged.We continue to expect the Nifty to remain within a small range of 8250 to 8050 whilst the 8250 mark is likely to act as a major hurdle for the bulls.
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