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Reliance Securities Market Lens (02 Jan 18)

Reliance Securities | 02 Jan, 2018  | Follow Author | Add to my Favourites 
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Navkar Corporation closed ~2% higher supported by 1.2x its  two-week average traded volume and outperforming the CNX  Mid-cap index by ~2%.

We have a BUY rating on the stock with a Target Price of Rs229.

Positional Pick


Fresh long position can be initiated in the range of Rs154-152 for the  target of Rs164-170 with a strict stop loss of Rs148.

Intraday Picks


For today’s trade, short position can be initiated in the range of  Rs 193-195 for the target of Rs188-185 with a strict stop loss of Rs 197.


For today’s trade, long position can be initiated in the range of  Rs 1062-1055 for the target of Rs1090-1100 with a strict stop loss of Rs 1038.
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177.40 -4.10
177.15 -3.15
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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.

For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.


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