RELIANCE Towards WAVE - 5 Targeting @ 1570+ RELIANCE: @ 1337.3 Why to LONG: #1. WAVE - 4 Nearer to an END Above Upper Band of ICHIMOKU Cloud. #2. Retraced from 0.38 Fib level (LONG WAVE - 3) #3. Bouncing from Bolinger Band Lower band, After testing 6 consecutive day. #4. MA: Made a High above 20SMA & 50SMA from Below & closed Nearer that. #5. RSI: 49.96 after made a LOW 37.81 3 days back,Also all Lead Indicators turns in favour of Bulls. & many more.....
TGT: @ 1378, @ 1412, @ 1434...... More on Charts.
More Accumulating levels @ 1308- @ 1326.....
Comments
nomedha
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When it is expected to reach 1400. any possibility in June