In order to become a successful trader, you must first understand the basics of the stock market. You may have seen news reports, movies, and television shows that assume that you have some knowledge of how the market works. While you can certainly make money in the stock market, beginners are often left wondering how they can go about it without any prior knowledge. Fortunately, there are many techniques and stock tips that can help you make money in the stock market.
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Reliance Industries Limited closed at a loss of 2.1%. This stock closed below its 1 week average and is heading towards a correction. It is advisable to buy the stock at a price between 230 and 245, with a stop loss, and accumulate for targets. Option traders can buy 250 call options on the decline.
