Technical Analysis :Reliance,Larsen and Omaxe
Reliance Industries
The poster Boy of Indian Stock Market Looks like waling up from a slumber sleep and ready to roar above 1095 Levels.Yesterday RIL showed upmove with volumes after long time and it is tad away from its breakout levels of 1095.
As seen from the chart above 1095 is converging trendline and if taken out we will see a quick 2-3% move again on the Stock.
RSI and Stoc are giving buy. Volumes looks good
Buy above 1195-97 levels Tgt 1112 and 1137.75
Read the full story »
The poster Boy of Indian Stock Market Looks like waling up from a slumber sleep and ready to roar above 1095 Levels.Yesterday RIL showed upmove with volumes after long time and it is tad away from its breakout levels of 1095.
As seen from the chart above 1095 is converging trendline and if taken out we will see a quick 2-3% move again on the Stock.
RSI and Stoc are giving buy. Volumes looks good
Buy above 1195-97 levels Tgt 1112 and 1137.75
Larsen and Tubro
LT is forming base around 1980 …Read the full story »
posted by Bramesh at
9:00 AM
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