Reliance Power can be short term buy can be taken

Last few year Reliance Power ltd continually go down side company doesn't look good for long term investment but some level based conditional buy can be done so if wish to buy you can go for buy in 43.50-45 level with small Target- 49/55 maximum with strict stop of 42.

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Gold look on bearish trend

CME gold daily trend looking downward likely to go around 1280 level with in few days but one of imp sup@1287

Hindalco Outlook: Trend reversal candle Doji on top

Hindalco is trading almost near life time high where we can see a Doji and Doji star formation with a confirmation candle, Doji and Doji Star are completely a reversal signal for short period of time and voulme also decline for past two weeks (low demand on top). If stock open on Monday near Friday close or below and able to break 213.25, this reversal trend will continued, Try to apply this strategy with volume below 213.25 and immediate support levels are on 210.35/207.30 and strong support 205.20 level and resistance levels are 216/220.20/224.80

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