parthss

parthss

IF IT SUSTAINS ABOVE 528 ( MAJOR RESISTANCE LEVEL) GO LONG ABOVE THE YELLOW TRENDLINE. SL- 523. T1- 554 T2- 577. HOLDING PERIOD- 4-5 DAYS KEEP THE PRICE ACTION IN MIND AND TRADE ACCORDINGLY.

parthss Updated 

THE LEVELS ARE CALCULATED BY FIBONNACI ANALYSIS. AS YOU CAN SEE RELIANCE HAS RESPECTED THESE LEVELS IN THE PAST. THE LONG TERM TARGET IS - 2446.45 THE END OF THE GREEN BOX BUY NEAR THE IMPORTANT LEVEL OF 2070.70 FOR SHORT TERM TARGETS OF T1- 2136.90 T2- 2280. NOTE THE PRICE ACTION NEAR THE IMP LEVELS AND TRADE ACCORDINGLY. IMPORTANT LEVELS: 1977.45 , 2070.70 ,...

parthss

COAL INDIA SHOWING WEAKNESS AT 136.55 SHORT FOR TARGET OF T1- 128 T2- 124 ( TRIPLE BOTTOM FORMATION AT 136.55) SL ABOVE 137 IF THE PRICE SUSTAINS ABOVE 136.55 GO LONG! FOR TARGET OF T1- 140 T2- 145 ( LOOK FOR WEAKNESS/ STRENGTH NEAR THE YELLOW TRENDLINE ). KEEP THE PRICE ACTION IN MIND AND TRADE ACCORDINGLY.