| Counter | RELIANCE LTP 2577.40 |
| Call | Buy on dip |
| Target 1 | 2640 |
| Target 2 | 2690 |
| Stop Loss | 2500 |
| Time Horizon | 3-4 weeks |
| Notes | Buy-on-dip towards 2560 & 2545 |
Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. Reliance’s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums. The company is now focussed on building platforms that will herald the Fourth Industrial Revolution and will create opportunities and avenues for India and all its citizens to realise their true potential.
| Previous Close | 2577.4 | TTM EPS | 98.59 |
| 52 Week High | 2817.4 | TTM PE | 26.14 |
| 52 Week Low | 2180.0 | P/B | 2.05 |
| Sector PE | 31.24 | Mkt Cap (Rs. Cr.) | 1743831 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
F&O Strategy
| Scrip | RELIANCE LTP 2577.40 |
| Risk | Moderate |
| Ratio | 1:1 |
| Bias | Moderately Bullish |
| Max Reward Expected | ₹6,262.50 |
| Max Risk Expected | ₹3,737.50 |
| Action | Scrip | QTY | IP | LTP |
| BUY | RELIANCE JUN 2580 CE | 250 | 28.60 | 28.60 |
| SELL | RELIANCE JUN 2620 CE | 250 | 13.65 | 13.65 |
|
| Counter | BPCL LTP 376.80 |
| Call | Buy on dip |
| Target 1 | 397 |
| Target 2 | 410 |
| Stop Loss | 350 |
| Time Horizon | 2-4 weeks |
| Notes | Buy-On-Dip towards 370 & 365 |
BPCL, a Maharatna PSU, aims to efficiently meet the energy needs of our nation with a combined refining capacity of over 40 MMT through refineries in Mumbai, Kochi, Numaligarh and Bina, which are strategically located. One of the best in class & digitally enabled refineries with state-of-the-art technology, efficient operations and high standards of quality, safety, occupational health, environment protection and security.
| Previous Close | 376.80 | TTM EPS | 9.82 |
| 52 Week High | 380.45 | TTM PE | 38.37 |
| 52 Week Low | 288.05 | P/B | 1.57 |
| Sector PE | 31.24 | Mkt Cap (Rs. Cr.) | 81,737 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
| Scrip | BPCL LTP 376.80 |
| Risk | Moderate |
| Ratio | 1:2 |
| Bias | Moderately Bullish |
| Max Reward Expected | ₹17,190 |
| Max Risk Expected | ₹9,810 |
| Action | Scrip | QTY | IP | LTP |
| BUY | BPCL JUN 375 CE | 1800 | 7.45 | 7.45 |
| SELL | BPCL JUN 390 CE | 1800 | 2.0 | 2.0 |
|
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