April 30, 2012

RELIANCE Chart Analysis

 

  • 3rd chart shows bollinger band contraction which should result in a bigger move soon.
  • Price closing above 750 should give an up move towards 762.  breaking above 762 should give an up move towards 200 day SMA.
  • For bears the number to lookout is  723.
  • US DOLLAR AT SUPPORT LINE
  • USDINR CHART UPDATE
  • NIFTY WEEKEND UPDATE



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