Reliance is in downtrend since last 15 days and approaching a round figure of 1100. Normally Stocks tend to take support around round figure......... Hence buy at 1100 for bounce. target should be at least 25 to 50 rupees on upside.
I know its just a chart. I believe that we will gonna see at least this Target in this FINANCIAL CRISIS. SO Pls be CAREFULL OUT there. ITS NO QUESTION ASK TARGET .. JUST TAKE IT... DM ME IF U WANT TO KNOW MORE ANALYSIS BEHIND THIS TARGET.
Reliance in a strong downtrend. Presents a good short opportunity for Target of Rs 995-955 Range.
As we can see RIL is near a good support zone keep buy at 1130
Explained everything in the chart, Let me know if you have any question?
bull above 1300 for 1320,1340,1360 bears below 1280 for 1270,1260,1240
Bullish divergence found in LT on the daily chart. Confirmation is above 1545 with 1495 sl. Next run will be huge on breakout
Acc is on decision point 1525 is a strongest support so keep an eye on it
Beml has following a particular behavior from a long time. Stock is always pull back from their day support. Long Idea is based on it
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INTRA:UPMOVE STRICTLY above 1243 sl 1234 for 1250-1258
Reliance Industries Ltd. Large Cap