NeeteshJain
Long

Reliance Capital - Turning Around at Strong Support Zone

BSE:RELCAPITAL   RELIANCE CAPITAL LTD
It is been observed on Daily chart that the price action dropped down more than 20% from the highs of 580 levels, highly dominated by sellers. Now, I believe it has reached to a strong support levels where the big buyers shall be coming back in the market with a high demand that will take up the prices to the 23.6% Fib levels.

Target: 450
Stoploss: 395
Risk Reward: 1:2
Trade active
Trade active
Trade active
Trade active
Trade active
Trade closed: target reached: Today, it made a high of 447. Regards

Comments

WOW I ALSO HAVE SAME VIEW SIR
+1 Reply
NeeteshJain mayanksb10
@mayanksb10, Glad to know, wish you the best. Regards
Reply
Sir can i buy this share this level (429)?
+1 Reply
Thank you Sir. Awesome!
+1 Reply
Wow! Relcapital 5.5% up.
+1 Reply
whats your view on ceat and jet airways
plz guide
+1 Reply
Relcaptial is active or not?
Reply
@ashokm81, Today, it reached to 447 levels

You may enter once it closes above 450 levels. Regards
Reply
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