In case of down move it will five support at 713, breakout will occur above 840
Short term target for Reliance is 1630 in 15 days.
Possible target where resistance will be met is around 100
In the worst case I would expect it to touch 32.85 in a couple of days. By May, if not earlier, target will be 56.
Above the last support and bull run may now start
Today returned from resistance. If it is crossed on closing basis we may see 600 by May end
May see a level of 6090-6100 in near term. Intermediate term target is 7100 beyond which it will break out free.
May turn out to be a good entry point for meeting an intermediate term target of 1775.
There is a a resistance between 600-620. If it is crossed and the stock remains bullish, in the next three months it is likely to cross 730
Maintaining lowest support line. In the next two to three weeks if it crosses 340 then fresh bullish move can be seen, possibly in the second half of January
HEG is showing sustained bullishness from its recent low. That it is following a strong support/ resistance line is a solace. Target 1200 in one month
In case of down move, support will come at 557, intermediate target being 690
Please watch out for closing above 1523 on 19.12.2019 for fresh bullishness. 1361 holds a strong support and is likely to hold in case of any bearish movement in short term