Thursday, April 12, 2007

RNRL basing out.


RNRL (BSE code: 532709) seems to have made a base around 21.50 levels. Today it has moved up to 23.70 with volumes higher than past 50 trading sessions. Long positions can be considered at current and lower levels with a stop loss below 22.25 on closing basis. Upwards the stock can touch 25.70 and 29.

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