WEEKLY PERFORMANCE OF RELIANCE

RELIANCE  FUTURE 

"BUY ABOVE ABOVE 1790 TGT 1825/ 1865 SL 1760

SELL  BELOW 1750 TARGET 1725/1685 SL 1775"

Reliance  in Friday's session With a sharp jump, the oil-to-telecom behemoth  6 % became the first Indian company to be valued at $150 billion. In rupee terms, it also became the first company to be valued at over Rs 11 lakh crore..Shares of the company rallied to its all-time high of Rs 1738 on June 19 from its panic low of Rs 867.82, scaled on March 23.RIL shares surged 7 %  to the day’s high of Rs 1788 which is also a record high for the scrip.Today Reliance  opened at Rs 1674 and touched an intraday high and low of Rs 1699.2 and Rs 1660.6, respectively, in the session so far. The stock of Reliance Industries Ltd. quoted a 52-week high of Rs 1699.2 and a 52-week low of Rs 867.11.

Today the command of the market remained in the hands of BULLS. The stock market saw a boom on the second day today. The Nifty has managed to close beyond 10 thousand 200 today. Banks and NBFC shares witnessed strong business today. HDFC Bank, ICICI Bank and Bajaj Fin fuelled the market. At the end of trading, the Sensex closed at the level of 34731 up by 523 points. At the same time, the Nifty has closed at 10244 with a gain of 152 points. Today Realty stocks was ended as the top performer gaining 6.4% & Banking, Media and Auto stocks was ended with gains of over 1.5% each. While I.T.&  Metal stocks were the only two sectoral laggards.