Reliance stock price will probably reach 1330 area where it will face technical resistance of the 100D EMA and Upper TL of the structure.
Also, keep in mind that the market hasn't bottomed out yet. Once the economic shock from the COVID-19 Pandemic comes into the light, the stocks will start dropping once again.
Tata Motors is now in the Buy Zone. I have already bought 500 shares at 66 and I plan to keep buying all the way till 25 if it drops there.
My first target will be at 140 which is at the top of the short-term price channel.
My next target is at 280, which happens to be the previous support turned resistance.
And my final target is 600. I expect 3-6 years...
During the 2007-2009 recession, INDUSIND BANK lost stock price lost 80% of its value.
Currently, the share is down 88% from its ALL-TIME HIGHS.
Things will get a little bad for both the economy and the stock market before they start getting better. But, we shouldn't overlook the highly oversold banking stocks.
Create a plan to add small chunks of banking...