A very heavy volume based region can be seen on the chart. This region can be either Accumulation or Distribution .
Mutual funds buying can be seen in the month of November, which is certainly a Bullish Sign .
But OPTION CHAIN is currently Bearish for this stock and some delivery based selling can also be seen in recent days as mentioned on...
I think Reliance may show us a little bounceback from the Demand zones mentioned above.
Buy Some quantity near first level Demand zone and another quantity near Second level Demand zone( if it falls upto that level).
GLENMARK is consolidating for past 4 months in a fixed range.
According to me it is in an accumulation phase since then, Because of the presence of strong bullish candles which are volume supported.
Majority of price action is happening at 480-485, So try to make position in this price range.
Move greater than 10% is expected, considering the period...
VIP industries has come to its Demand Zone levels and a Short term support line is also there.
Stock may bounce from here, So wait till it shows some strength. If it breaks this level then the same will act as its Resistence Zone.