Technical Call

Dear Friends,

Here 2 OIL Sector superb Technical Call:

1) RELIANCE (KING OF MKT)

Cmp 777 SL 750 Tgt 799-815-840-860-880
200 DMA at 766 which is taking support. Rsi is OVERSOLD & try to comeout which is positive indication, MACD also turn positive.

2) ONGC 

CMP 251 SL 244 Tgt 259-67-80-90

Rsi is in OVERSOLD & will comeout which is positive indication, MACD also turn positive.

Reliance

Dear Investors/Traders,


2 days ago we gave chart of Reliance that if close below 845 Tgt 715 & check this link Ashwini Gujaral (big technical Analyst Give Support of 700-750.
http://economictimes.indiatimes.com/markets/stocks/views/recommendations/real-support-for-ril-to-come-around-700-750-ashwani-gujral/articleshow/8921924.cms
As predictor Nifty Levels that below 5350 100 to 150 point move expected & see today low 5195 & previous close 5366 (171 point downside)
In this extreme down market our buy call on Bharti before some days today index gainer with +2% 390
Injoyyy such a excellent ANALYSIS. . .


He$H. . .

Technical Call

As we posted in previous post daily close above 1025-30 (2-3days) then more upside expected in RELIANCE. NOW CHECK WITH CHARTS!!! click on chart for enlarge.


Ril CROSS 1075 & CLOSE 3-4 days above 1100 then 1140-1180 will expected.

In Nifty two technical indicator look negetive but still wait for confirmation keep 6000 as a SUPPORT.

Mobile tele, paracommun. & Birla shloka suffer from LESSER VOLUME(which already discussed when we give buy call) hold with prior SL. keep 26.9 in birla shloka.

He$H...

Reliance Ind.

Hello Friends,


As we posted in some previous post that if Reliance not perform then market will drop down. So, here one quick look on Technical Chart of RIL. 


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He$H...

Technical Call

Buy RELIANCE IND. above 1093-1100 keep SL 1060-65 TGT 1145-1185+

Thanks.

He$H...