My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 2, 2013
RELIANCE Industries Chart analysis
- 760 looks like a crucial support level for reliance industries
- Price is near weekly lower bollinger band.
- Weekly stochastic has reached oversold zone.
- Price if forms a bottom formation here without breaking below 760 could give a long trade. Keep strict stop loss as the trend is strong in favor of bears.
Subscribe to:
Posts (Atom)