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Reliance Capital

Discussion in 'Technical Analysis' started by vilas, Sep 14, 2012.

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  1. vilas

    vilas New Member

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    Going by the history of last 02 years it appears that this stock is in long term decline. Monthly charts indicate rise in the middle of the month and then losing steam by the end. this time it has crossed 355. does it look like to cross 370?
     
    vilas, Sep 14, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    320 seems to be the support that is being held and so with that as strict stop loss, you can trade against the trend.
     
    shabbir, Sep 14, 2012
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