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INDUSINDBK

Reputation: 642,713 • Nov 3, 2023 3:36 PM

2 buy recommendations from Sharekhan’s Jay Thakkar

“The Reliance stock is looking good from the short covering point of view. A bounce back out here cannot be ruled out with the kind of positive divergence which we are seeing on the daily and the hourly charts. The stock is likely to reach towards the levels of Rs 2360-2380.”

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Jay Thakkar, Vice President & Head of Alternate Research at Sharekhan, recommends buying IndusInd Bank futures with a target price of Rs 1500-1520 and a stop-loss at Rs 1440.
• Thakkar also suggests buying Reliance Industries for short covering potential with a target price of Rs 2360-2380 and a stop-loss of Rs 2290.
https://economictimes.indiatimes.com/markets/expert-view/...
#INDUSINDBK #RELIANCE 

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NSE:RELIANCE price when posted: 2,328.95