Technical Calls on Reliance Capital,Reliance Infra and Maruti Suzuki
MARUTI SUZUKI Limited
Maruti tried touching its 200 MA today 1367.5 but was unable to sustain it and closed below its major resistance of 200 DMA.
Momentum is present in stock and India becoming 6 largest vehicle manufacture can propel the stock above 200 DMA.
Buy above 1371 tgt 1385 and 1403
Reliance Capital
Reliance Capital is facing trendline resistance at 808 odd levels and finding support at 750 levels.Stock is stuck in 50 points range and need to break this.
Today’s move was accopanied by volumes and if tmrw market looks good we can see …
Read the full story »
Maruti tried touching its 200 MA today 1367.5 but was unable to sustain it and closed below its major resistance of 200 DMA.
Momentum is present in stock and India becoming 6 largest vehicle manufacture can propel the stock above 200 DMA.
Buy above 1371 tgt 1385 and 1403
Reliance Capital
Reliance Capital is facing trendline resistance at 808 odd levels and finding support at 750 levels.Stock is stuck in 50 points range and need to break this.
Today’s move was accopanied by volumes and if tmrw market looks good we can see …
Read the full story »
posted by Bramesh at
12:55 AM
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