Reliance Securities Market Lens (29 Nov 17) | IndiaNotes.com
Of the addressable market of US$25bn for Majesco, around US$15-16bn relates to the L&A market.
We currently have a target price of Rs 667 on the stock
RBLBANK (LTP: 521) BUY
For today’s trade, long position can be initiated at 518-515 for target
of Rs 545 with a strict stop loss of Rs 502
BHARATFORG (LTP: 700) SELL
For today’s trade, short position can be initiated at Rs 706-709 for target of Rs 691 with a strict stop loss of Rs 715. Traders are advised to avoid early morning whipsaw.
CHENNPETRO (LTP: 425) BUY
For today’s trade, long position can be initiated at Rs 423-420 for target of Rs 435 with a strict stop loss of Rs 417. Traders are advised to avoid early morning whipsaw
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About Reliance Securities
Reliance Securities, the broking arm of Reliance Capital, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. Focus on timely & error-free execution represents its core strength. Their best in class research offerings, high degree of compliance with stock exchange regulations, ethical business standards, & strong risk management capabilities; Reliance Securities positions itself amongst strong & innovative brands in the financial services space.
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