target range marked with pink lines buy in cash trade and invest at your own risk
Relinfra - Reliance Infrastructure - Forming good raising channel BO given and due to sharp fell off in the last session still gives good chance to enter. Don't invest a large amount as the candles are not so strong, but can invest a small amount for the long term. Happy investing!
Reliance infra seems breakout in daily time frame with high vol
One can accumulate this for the best returns..
Rel. Infra Daily Analysis ( Positional Cash Call) CMP 50.5 Buy above 52 Targets - 59 - 65 - 73 - 83 - 86.5 - 96.5 - 105 - 120+ SL below 24 ( Daily candle Closing basis)
Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
NSE:RELINFRA
RELINFRA (Reliance Infrastructure Ltd) BUY ABOVE 65. RELINFRA skewed double bottom and standing in trend line and if trend line broken then BUY can be initiated at around 65.5