Reliance Capital : CMP 917:
Stock on important crossroad
upside: Long with SL of 850
short trade: Short now: with SL of 930, and reverse above 930 for target of 1200.
Refer commentary on chart..
Downside reverw below 850 target sub-700 levels
Max India: CMP: 221
The stock made a high of 235, however last 4 candle have been bearish candles. Today stock is up, however sustenance of the same needs to be seen. The stock is in short term bearish-ness however, keep an eye on this stock, there is massive Inverted Head and Shoulder.
Long term bull, short term pain. Close above 235, could make a mini-Inverted HnS with target of 235.
Good support at 200, possible reversal level
Disclaimer: This is my personal view based on technical analysis. Take ur own call, this is not a financial advisory, always use stop loss.