The stock tested the expected 1180 zone (see the following post) and was slammed down to break the channel.
https://in.tradingview.com/chart/RELIANCE/lCOBgNo7-RELIANCE-IND-Getting-Sloppy/
Possible supports have been mentioned on the chart.
Hit like for better posts in the future.
Regards
Bravetotrade
Urjit Patel's resignation is good for Yesbank, DHFL and Indiabulls. That's point 1.
Technically We are aiming for Yesbank.
Let's short Yesbank 150 PE at 5.3
TVSMOTOR is now trading right at channel upperband and showing strength to go up. It should cross 558 with good volume for move towards 600-610. Options would be better choice with SL being blue trendline closure.
Consolidating around 3/1 angle. Support is at 803, Resistance at 867, if resistance is crossed and the stock remains bullish, target is 996 in intermediate term
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