bijoy2526

Reliance likely to touch lml

Short
NSE:RELIANCE   RELIANCE INDS
Pitchfork captures the movement of Reliance.
it is likely to touch lml .may be lower line below it...
corrections in it still not over it seems
Comment: if it pulls bank to 1920-1927 one can short it.
not at this stage as risk and reward is less. but it is likely to touch lml

Comments

short covering could bring back Reliance back to sub 2000 levels.
+1 Reply
Nonsense analysis.
Heavy short covering seen
Before expiery
Chartist will prove wrong
+1 Reply
cmakhijani1808 cmakhijani1808
@cmakhijani1808,
Reliance is strong buy
Likely to bounce sharply
Reply
bijoy2526 cmakhijani1808
@cmakhijani1808, go and buy 5 lots of reliance ok. you may be right. only 5 percent of my analysis goes wrong..
+4 Reply
Good one
Reply
Yes your levels are likely , then we must watch for 1869 levels for buy setup..
Reply
bijoy2526 VishalSancheti
@VishalSancheti, unlike bharti I have not studied in details. Pitch fork and lines were there since long. On the basis of that I have expressed my opinion.
again I have to study in details.
Reply
@bijoy2526, your levels have 95% accuracy, no doubt on it... i did follow your bharti levels ,it was superb... will be waiting for updation on this script...
Reply
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