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Chart of the day 24th April 2014

Discussion in 'Chart of the Week' started by shabbir, Apr 24, 2014.

  1. shabbir

    shabbir Administrator Staff Member

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    [​IMG]
    Something is round the corner in Reliance Industries but then there are couple of things to be watchful before entering in this stock.


    1. Market is at all time high and so if market tanks this stock can lead the pack and I am sure it would tank sooner than later.
    2. Earnings
     

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    shabbir, Apr 24, 2014
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  2. kaisarimam96

    kaisarimam96 Member

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    Dear Shabbir,

    I feel no party will get majority seats, when this news will come in market market will tank.Reliance will be one of major short sell candidate.

    Best Regards
    Kaisar Imam
     
    kaisarimam96, Apr 25, 2014
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  3. shabbir

    shabbir Administrator Staff Member

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    Agree on that but then charts does not see a tanking signals as of now and market is smarter than everybody in the market
     
    shabbir, Apr 25, 2014
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