September 2, 2011

RELIANCE Chart with Resistance levels

  • For bulls of reliance the resistance band in daily chart is between 812 - 828 level.
  • For price to change its bearish structure day candle has to close above 828.
  • Getting resisted at 828 levels will be negative for the bulls of reliance.

By at

2 comments:

  1. FireSeptember 2, 2011 at 12:31 PM

    @San,

    You are the man! Time for retracement getting delayed for this RIL. Now let's break it!

    ReplyDelete
  2. SanSeptember 2, 2011 at 12:35 PM

    @FIRE
    I hope it break soon. I am also waiting for a shorting opportunity in nifty.

    ReplyDelete

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