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The counter was rock steady in the early part of last week and soared up on Friday towards our medium term target of Rs 1,350.

The immediate target for RIL is in the band between Rs 1,370 and Rs 1,390.

Breakout from this range will take RIL to Rs 1,458.

The supports next week will be available at Rs 1,295 and then Rs 1,270.

Short-term traders can buy in dips with a stop at Rs 1,295.

Investors can hold for the medium term with a stop at Rs 1,240.

Lokeshwarri S. K.

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