Relcapital - Rounding bottom Complete

Jan 5, 2018

Relcap completed rounding bottom pattern
and now showing minor signs of distribution here.

If the distribution continues, one may sell here at CMP 599 taking a strict Closing base SL of 620 with a target of 405.

Jan 17, 2018

Note

Correction started
CMP 560
Some resistence around 535 will be there.
Conservative traders may book profit around that price.
Aggressive traders may hold with trailing SL

Jan 19, 2018

Note

535 is Broken decisively.
Conservative traders may book 12@ profit here.
Aggressive traders may hold herewith Closing base SL of 552

Jan 26, 2018

Note

Sliding increasing further.
Psychological level of 500 is a minor resistance.
a small pullback may drive till 535, which will be another chance for those who missed d train.

Feb 2, 2018

Trade closed: target reached

CMP 415.

Target almost reached.
Trade is Closed