Reliance Industries Technical Analysis
Reliance Daily Chart
Reliance Daily Chart is showing a bullish breakout with rising support and facing resistance around 1119 levels.Stock has remain underperformer for the most of the rally,Now as we are at the most crucial juncture of the rally moving to all time high RIL can play a crucial role.
It’s a throw-back to the Mark Douglas style of trading/analysis as described in Trading in the Zone where he states you should formulate trades based on massive support or resistance areas that price HAS to break one way …
Read the full story »
Reliance Daily Chart is showing a bullish breakout with rising support and facing resistance around 1119 levels.Stock has remain underperformer for the most of the rally,Now as we are at the most crucial juncture of the rally moving to all time high RIL can play a crucial role.
It’s a throw-back to the Mark Douglas style of trading/analysis as described in Trading in the Zone where he states you should formulate trades based on massive support or resistance areas that price HAS to break one way …
Read the full story »
posted by Bramesh at
10:13 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home