Buy Reliance @ Rs 1000 levels : Hemen Kapadia

by khalid on 01/02/2010 · 0 comments

Hemen Kapadia of chartpundit.com is of the view that investor can buy the stock of Reliance Industries Limited at Rs 1000 levels with a stop loss at Rs 960 and target at Rs 1200 levels. One should always look to add at lower levels it gives you a good risk reward and you can gain about 15-20% upside in near term.

Share’s Data :
BSE Code : 500325
NSE Code : RELIANCEEQ
Mkt. Cap: Rs 343938 Crores
P/E: 10.53
EPS: 99.35
Face Value : Rs 10
Last bonus : 1:1 in Oct 2009
Last dividend : 130% in Oct 2009
52 Week H/L : Rs 2490.00 / 990.00
Reliance Industries Ltd. share’s CMP is Rs 1046.60 on 1st Feb 2010

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