Strong rally expected in RIL above Rs 1064: Nirmal Bang

MUMBAI: Nirmal Bang is of the view that traders can expect a sharp rally in Reliance Industries once the stock moves above Rs 1064.

“Buy Reliance Industries from a trading perspective keeping a stop-loss of Rs 1045. The counter is showing signs of revival. If the stock sustains above Rs 1064 in the near term then we see a strong rally. Immediate target seen at Rs 1077-1085,” the report said.