Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 13, 2013
RELIANCE Capital Chart analysis
Reliance capital at multiple resistance levels.
For the up move to continue price must break 50 and 100 Week SMA. Price is also near the 38.2% Fib level.
Above 387 price may target the 200 Day SMA at 397. Weakness below 371. Up move will weaken if price starts to trade below 351 and 347 levels.
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