RELIANCE ON A LONG TERM TREND LINE SUPPORT

reliance tested low of 796 on 30.3.2015.

look at attached chart. it is on a long term trend line support.

NIFTY IN A CHANNEL

nifty is trading in a perfect channel.....

RELIANCE INVERSE HEAD AND SHOULDER

chart of reliance industries is attached here with. fall in crude prices has impacted reliance share price. after double bottom at 830 now inverse Head and Shoulder pattern is developing. it will be confirmed only on decisive crossing of 910 zone.

NIFTY AS ON 5.11.2014

look at attached chart. nifty resistance zone between 8400/8500. be cautious in long position in that zone. we may see profit booking.

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update on 18.11.2014
we have reached in resistance zone.we are facing resistance in trend line also.be cautious in long positions or book profits.

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update as on 19.11.2014

nifty has corrected from expected zone. high made 8455.now we may see correction for 4/5 weeks as per attached chart.

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nifty bounced from support of wedge bottom trend line , will go for new high....

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update 24.11.2014

123 pattern

exit loss making positions fast and hold winning positions as long as possible. 

NIFTY ON A TREND LINE SUPPORT

nifty is on a trend line support. to continue up trend it must bounce back from this zone.it is highly over sold also.​

AVERAGING UP

A big mistake is selling your winners to buy more of your losers. Do the opposite. The biggest gains come from averaging up.

RELIANCE INDUSTRIES CMP 998. acculmulate

Reliance ind is reaching near support zone on trend line.crude prices are coming down. gas price matter still pending but that will become a good trigger in coming days.good area to accumulate for 3 to 6 months.

RELIANCE INDUSTRIES AS ON 21.07.2014

​LOOK AT CHART ATTACHED​

GRASIM