Sunday, December 20, 2009

Reliance Industries Limited

Attaching here is Reliance Industries Chart

Possible short term bounce, nothin on Hourly charts. But on Daily Charts, stock is poised for downside. I would not rule out a short term bounce, but stock can reach to 765 zone.

Attaching Wave count based chart.

These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding.
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