BUY : RELIANCE INFRA, RELIANCE CAPITAL

RELIANCE INFRA

Last close 386.95

After a period of consolidation at lower levels stock has given strong break out with decent volumes suggesting sudden spurt in this counter. We recommend buying keeping stop loss of Rs.372 for an upper target of Rs.401, cross over will take this to Rs.411 mark..!!!

REL CAP

Last close 350.90

We see this stock to spurt drastically on the upper side today itself. We recommend buying keeping stop loss of Rs.339. On the upper side stock will zoom to Rs.359, cross over will take this to Rs.367 mark..!!!