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22 Nov 2009

Free Intraday Trading Tips in India | Reliance | 23-27 Nov

Reliance has a negative trend prevalent in the short term time frame and stock needs to remain above the level of Rs 2,150 to have some semblance of positivity. Thus if the stock moves above 2151 than it can run to 2200-2,300 or Rs 2,400.

Reliance has short-term support at Rs 2,030-Rs 1,940. Thus a s astrategy one can be long till the time stock remains above the level of Rs 2030 and share encounters resistance at Rs 2,163-Rs 2,271.

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