RELIANCE DAILY CHART
- RELIANCE DAILY chart shows clear supporting trend line.
- 990 to 1010 region has very good support.
- a reversal from this region can bring it back to the resistance region of 1150 during this month.
- Any possibility should not be ruled out in stock market. So we should not rule out the negative possibility. A break of this trend line should be very bearish news not only for reliance but for nifty as well.
My first chart was based on reliance which met the target exactly. see it
thank you
HERE
thank you
Dear San,
ReplyDeleteAgain Reliance.Just saw Dear Ilango's view 'Nifty holds 5200 with no sign of reversal."And here again you are dot on point.Bulls shall be very happy to see above chart.5200 Battle at present favoring bulls.
@mynac
ReplyDeleteyes if a trade above 5300 in nifty has to happen, this stock should take a turn. And seeing the charts i feel it will take a turn in the coming days.