Reliance weekly support breakdownNSE:RELIANCE Reliance break weekly support after long time and on monthly looking head and shoulder on top. looks like stock may be underperforming in short term.
Positonal
Britannia Weekly Chart : Outperforming StockNSE:BRITANNIA Outperforming stock with weekly range breakout. Chart setup is looks like very bullish for short term to long term.
* MACD and RSC indicators means momentum and outperformance both are very strong in the stock chart.
IDEA AGAIN ----- IDEA after correction from high point corrected to 14.50 level where trend line support seen on chart as aggressive trader can take a position or if this level break 13.50-13.80 is strong support zone where position can take again with strict stop loss 12.50 and target 16-18 for short term
BUY IDEA14.50-14.60
TARGET 18
STOP LOSS 12.50
this analysis base on techncial indicator please take call after own study and risk
HAPPY TRADING.!
Reliance - Inverted Head and Shoulder.Reliance is looking strong along with CNX infra. It can give a strong breakout soon.
