Trading Calls:Reliance and Educomp
Educomp Solution
Educomp Solution looks good as it is extremely oversold on daily charts and near its support area of rs 502.
RSI is showing positive Divergence.
Reliance Broke its 200 DMA @1036 today which is bullish for Reliance and Nifty also as it has 12% weight age in Nifty.
RIL is now facing resistance at 50 DMA @ 1046 now and once that’s crossed we can except move till 1100.
Buy above `1046 Tgt
Read the full story »
Educomp Solution looks good as it is extremely oversold on daily charts and near its support area of rs 502.
RSI is showing positive Divergence.
Buy above 525 Tgt 531,540 Sl 516
Reliance IndustriesReliance Broke its 200 DMA @1036 today which is bullish for Reliance and Nifty also as it has 12% weight age in Nifty.
RIL is now facing resistance at 50 DMA @ 1046 now and once that’s crossed we can except move till 1100.
Buy above `1046 Tgt
Read the full story »
posted by Bramesh at
12:13 AM
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