Thursday, December 19, 2013

Reliance capital chart

Hi friends,
                   Revisiting old post on reliance capital,Iexpected max 410-420 and a fall in that
see the old post Reliance capital .
What happened we saw stock went on to make a top at 407+ and fell sharply after that presently
trading at 343+.
Technically as had told in old post abcde was anticipated and same happened it did the e leg
and fell back ,Now 333 range is a good support looking for a bounce back from these levels
Sit back and see the reaction of price to these levels to decide further move.
Regards
Rish

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