Reliance : Stock was recommended for investment near 800 almost 2 & half year ago(31.3.2015), and since than stock has rewarded investors with great returns. At CMP 780 one can wait for accumulation near 765-750 with stop below 735, Returns expected in next 3-6 months will be 20-40 %. Have a look at daily chart:
SBI : Stock is in downtrend & trading near year low. Stock is oversold and one can start accumulation near 100wMA placed near 244 & continue till 235 with sl 230. Immediate resistance above 262 is placed near 275-84. Technical indicators are in oversold zone but yet to trigger buying. Have a look at chart:
DLF: Hope you added DLF last week near levels as provided in our recent post. Stock can move sharply towards 190 if sustained above 170. Have a look at chart where technical indicators have turned positive.
