May 16, 2012

RELIANCE Breaking support levels



  • Reliance continues to break crucial support levels.
  • Last chart is the hope for bulls of reliance it shows a possible support line with oversold stochastic. If this support line too breaks then then reliance may slip below 600 levels. If price gets support here it has to break above the resistance line shown in the last chart for a meaningful up move to happen.
  • EURUSD MONTHLY TREND LINE

No comments:

Post a Comment