Reliance Industries has acquired 37.7 per cent stake in textile manufacturer Alok Industries Ltd for Rs 250 crore. indictor: VWP with ema.
The stock can show good up move in long run can even show 60+ in month duration .
It made the pattern of descending triangle they more often mark a continuation of the current trend. The direction of major move can only be determined after valid breakout point. If trend changes to upward trend buying is recommended or if it remains in sideways profit can be made through short selling and buying in short term. It made a pattern of Descending...
maybe it touches the trendline... holds your shares Do your analysis.
JUST HOLD YOUR SHARES , AFTER THIS PANDEMIC WILL DEFINITELY GIVE GOOD RESULT. ALSO, DO YOUR ANALYSIS.
slightly bullish.On hourly stock ,can see a strong support is seen around 800 levels.Immediate support is around 840 which if it holds and crosses 885 we can expect a decent move towards 940--970 levels
hold 790 retraced till 840-860