NSE: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.
NSE: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.
Weekly Analysis: Ema 52, Ema 7 crossover with Rounding Bottom and macd crossover.
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...
Reliance is looking strong along with CNX infra. It can give a strong breakout soon.