October 2, 2010

RELIANCE Industries Weekend update

  • The bulls of reliance industries pushed the price up from below 20 and 50 DMA.
  • Stock closed near the high of the day suggesting good positive momentum.
  •  This should take the stock to levels like 1015 , 1030 and 1040.
  • Around 1030 stock has to face its biggest hurdle the 200 DMA.

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