CHART - II
CHART - I
- Reliance capital seems to be resisted by the neckline of an inverted head and shoulders
- Resistance seems to be too strong at 825 region.
- One should plot the neckline and can go long only if the neckline is broken. keep a small stop loss, The risk reward ration is good. A short sell is also possible next week if the attempt to breakout fails.
- LIVE INTRADAY CHART FOR RELIANCE CAPITAL WITH EMA