March 2, 2012

RELIANCE chart analysis

  • Daily near 200 SMA Weekly is near a resistance line and 50 Week SMA.
  • Reliance should do a daily and weekly close above these levels today to avoid a correction.
  • Weekly stochastic may trigger a sell if price does not make a positive close.
  • USDINR BULL FLAG AND H&S PATTERN
By at

2 comments:

  1. POWERTRADEMarch 2, 2012 at 8:23 AM

    dear san ... Ur relaince chart has fetched me great fortunes ... Please update if possible .... When relaince gives weekely sell in stotactics... Thanks a lot really for the chart that u posted on monday .

    ReplyDelete
  2. SanMarch 2, 2012 at 9:32 AM

    @POWERTRADE
    Thanks Powertrade

    I will try to update reliance chart once a sell signal comes.

    ReplyDelete

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