Thursday, November 26, 2009

Reliance looks good after Ex-Bonus

The new range for Relaince after the Ex-Bonus date will be Rs 900 to Rs 1,100 in the short-term. In the longer-term  we have our targets around Rs 1,300-1,400. 
Possibly once the acquisition is made and that goes through at decent valuations then possibly we could see higher levels as well.

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