Hello Readers / Visitors / Reliance Fans,
We are updating Reliance industries ltd (500325) End of Day chart (EOD) during live markets when the scrip is trading around 1090 lvls, today Open 1075 High 1112 Low 1058 Yesterdays close 1072.
The charts has formed a triangle on daily basis which indicates that if Reliance managed to close above 1145 for 2 to 3 days then we can see 1200 - 1300 lvls. But if the stock manages to close below 1025 levels then we can stock testing previous lows.
Markets on intra day basis are trading very choppy in narrow range b4 expiry of November month futures, Ril being the leader in the pack can help markets move either ways due to its heavy weightage in Index.
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Regards,
Allies Financial Services
Website : http://alliesfin.blogspot.com/
Email Group : http://groups.google.com/group/alliesfin
