1. Market will show fresh direction with the new derivative lot and ofcourse we saw the action in the reliance petroleum scrip which was kept deliberately down by the large players who had shorted the said stock at higher levels i.e 280/- levels.
2. As posted by me earlier Reliance Petroleum has given a breakout today i.e on the day of derivative expiry day and as per market grapevine the stock may march ahead. Long term investors can hold the stock till 180/- level is held.
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