GO LONG ON RELIANCE

Go Long on Reliance. The script has made a low of 1270 after making a high of 1600. The script today stands at 20% Correction. All the Time frame short and long have made a decent low. The indicators are all oversold. So one can accumulate Reliance in the range of 1270 - 1300 with targets of 1700 in coming time of 6 months. Stop Loss 1220.00 So Buy Reliance at current market price for target of 1700.