Reliance capital finding support around 525-540 zone & high chancees are for reversal. Trendlines & support line merged at this zone. Fibonacci retracement level & Stochastic level (oversold) also supporting the bounce. Future can also be added in view of a 7-10 days.
Level to enter=528- 538 but can enter at cmp also....
Target 574, 585 & more
SL 521
keep strict stop loss...
there is not much to go but reward can be good....
best of luck....
Level to enter=528- 538 but can enter at cmp also....
Target 574, 585 & more
SL 521
keep strict stop loss...
there is not much to go but reward can be good....
best of luck....
Comment:
Trendline of MACD also denies trendline of price action which shows trend reversal...
Comment:
Good going....Target 1 of 574 achieved...book 50% (partially)
Comment:
Yes, 2nd target of 585 almost reached also.....pls book 25% nearby
Pls note above 588-590 level it can zoom to 600 or above (for remaining 25%)
best of luck
Pls note above 588-590 level it can zoom to 600 or above (for remaining 25%)
best of luck
Comment:
If Rel cap surpass 592-595 zone(imporatant hourly chart breakout resistance) & stays for atleast 1 hr, it can zoom to 620-625 level.