Tuesday, 29 January 2013

Technical view by Nooresh

Technical view by Nooresh

Reliance Inds – Re-test of Breakout

Posted: 29 Jan 2013 09:05 AM PST

RelianceDipBuy thumb Reliance Inds – Re test of Breakout

 

Reliance Industries.

 

- > The stock gave a good jump on the result hitting 950 levels an confirming a breakout.

- > Now the stock is re-testing the breakout levels of 870.

- > A good trade now would be to buy on dips with stoploss of 840 for an upside to 920-950 in short term.

 

 

TECHNICAL ANALYSIS TRAINING SESSION MUMBAI

FEBRUARY 2- 3   ( The batch size is only 10 people so register at the earliest)

For more details mail to analyseindia@analyseindia.com

Regards

Nooresh Merani

Follow me on Twitter –    https://twitter.com/nooreshtech

Follow this blog on Facebook – https://www.facebook.com/nooreshtech

You can mail me on -      nooreshtech@analyseindia.com

Phone -   09819225396  ( Only after market hours or message )

Related posts:

  1. BSE MIDCAP and BSE SMALL CAP INDEX – Down 6-8% from peak and re-testing breakout zones. Short term bottom possible in next couple of sessions
  2. Defty – Nearing a breakout above 4000
  3. Reliance Inds – Breakout but will see resistance at 1040-1050.

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)