October 4, 2010

RELIANCE Communication analysis

  • Reliance communication is showing resistance at 181 , 193 and 207
  • The daily chart is showing a steady decrease in volume and the stock trading in a small range.
  • Breakout above 176 with good volume can give 181.
  • Today stock is trying to breakout on the upside as can be seen from the intraday chart posted below.
  • INTRADAY LIVE CHART FOR RELIANCE COMMUNICATION

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