Reliance has broken previous resistance and closed decisively above previous resistance
now it has to Close above current resistance which is around 1620...
Aggressive Investor/traders Long above 1621 with 1595 as SL because that is previous Resistance
Conservative Investor/traders can wait for tomorrow if it closes above 1621 you long on next day
Conservative/aggressive guys if price is/are around/above 1621 go long with 1595 SL after 3.20
it doesnt affect stock or its Analysis as price will be half after record date so will be our Target and SL
what about the bonus issue, record date being 9th sept, how does it affect on the stock ?
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