After witnessing the last quarter in a steady downtrend a positive divergence seen in mid December has produced a reversal in this counter and has seen the price rise steadily higher into the value zone around 1280. Momentum indicators shown on the charts are also in sync with the prices as the resistances are been challenged. The support lent by the median line...
REL Capital has formed Big Candle in daily Graph,
Big candle High is 440. if it give close above this we can see good upward sharp move.
we can target 38% if entire move that is 480.
wish u happy trading enjoy this trade
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