FUTURE:
"BUY
RELIANCE ABOVE 1050 TGT 1070/1090 "
"SELL RELIANCE
BELOW 1035 TGT 1020/990 "
DAILY CHART FOR RELIANCE:
UPCOMING RESULT: RELIANCE INDUSTRIES ON 19 JAN
2016
Shares of Reliance Industries (RIL) dropped 5% at Rs 1,016, falling nearly 7% from
intra-day high on the National Stock Exchange (NSE) on profit booking ahead of
October-December (Q3FY16) quarter results tomorrow. The stock hit a high
of Rs 1,085 in early morning trade fallen to Rs 1,008 on the NSE in late noon
deal. A combined 6.49 million shares changed hands on the counter on the NSE
and BSE till 03:26 p.m.
MARKET SUMMARY OF 15 JAN 2016
The Sensex
and Nifty closed down for the third consecutive session on Monday. The
sentiments were under pressure after exports contracted for 13th month in a low
in December 2015 as outward shipments shrank 14.75% to $22.2 bn amid a global
demand slowdown.