18 JUNE 2011
Reliance Industries :
Investors,traders,and swing traders should concentrate on the following level :
If crash below 865 with volume down side is 840 -825 level
Major support level 840-825-801-780.
But if pattern is reversal then 920-925 very soon.
Good stock for long term investment, will give good flying zone.When market is bearish on such stock clever traders accumulate at low level. This stock can pull the market up and down.
See the chart and forget FII's and Mutual fund's selling :
(Source:http://www.topstockresearch.com/HISTORY/INDIAN_STOCKS/REFINERIES/Reliance_Industries_LtdFiveYearChart.html)
Reliance Industries :
Investors,traders,and swing traders should concentrate on the following level :
If crash below 865 with volume down side is 840 -825 level
Major support level 840-825-801-780.
But if pattern is reversal then 920-925 very soon.
Good stock for long term investment, will give good flying zone.When market is bearish on such stock clever traders accumulate at low level. This stock can pull the market up and down.
See the chart and forget FII's and Mutual fund's selling :
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