TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Reliance recently rallied heavily and needed a correction . All time high has been broken and reliance is managing to sustain above all time high with also a harmonic bullish bat pattern of a minor swing and also important fib numbers of different swings . Anything above 2360 levels in RIL is a reversal.
CMP 669 Good likely opportunity to Buy at Rs 620. Wont Go Short here, though its 7.5% downside from here. The upside potential from 620 levels seem enormous.
Market ki saari ummedein "Mota Bhai" per tiki hui hain. Ab Nifty ko yahi bacha sakte hain. Daily timeframe support coming soon I'll go long at "one green candle (of course with full body)" once it tests support line on daily timeframe. SL and Target will decide afterwards.
Previous quarterly results was announced on 30-Oct Revenue decrease 23% Profit after tax decrease 6% Stock price falling preceding 2 weeks Strength reducing preceding 2 weeks Stock fell from 2054 to 1880 Current quarterly results announced on 22-Jan Revenue decrease 20% Profit after tax increase 25% Stock price rising preceding 1 week ...