Reliance Communications: Falling Again ?

RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis:


Close & CMP: 107.65

• Reliance Communications faced resistance near the Ichimoku Cloud at 108 as expected, and is now falling back and has broken its support trendline.  The momentum has also peaked and the volume has fallen.
• No long positions should be entered at this point.  Only enter short term positions with small time window of liquidating the position.
• Think of buying only if it rises above 118.
• Reliance Communications अब गिर रहा है और सुप्पोर्ट ट्रेंड लाइन के नीचे भी गिर गया है.  अभी इसे खरीदा नहीं जा सकता है, सिर्फ शोर्ट पोसिशन लें.  अगर ११८ के ऊपर जाता है तो ही खरीदने के बारे में सोचें.  

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RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis

Reliance Communcations: Price Channel & Possible Resistance

RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis:

• Reliance Communications has risen in a price channel throughout March.
• Current Close & CMP: 104.75
  
• The price channel leads directly into the Ichimoku cloud, and the circle is the expected point of resistance for reliance communications.  Buy only around 118-120, if and when the blue cloud is crossed.
  
• Reliance Communications पूरे मार्च एक प्राइस चैनल में  रहा है जैसा की चार्ट पर दिख रहा है.  जहाँ गोला बनाया है वहां पर रेसिस्टांस मिलने की संभावना है.  तभी खरीदें जब ब्लू बदल को पार कर जाये, करीब ११८ के आस पास. 

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RELIANCE COMMUNICATIONS Daily NSE Stock Chart Technical Analysis

Bajaj Holdings & Investments: Rises to touch resistance

BAJAJ HOLDINGS & INV Daily NSE Stock Chart Technical Analysis:

Bajaj Holdings is showing improvement.  Today it ran into a diagonal resistance and also has entered the Ichimoku cloud zone. So, this is a double resistance point for Bajaj Holdings.

If it breaks above the diagonal resistance, it can be traded but the stoploss has to remain tight until it is able to cross the cloud and is above 825.


BAJAJ HOLDINGS & INV Daily NSE Stock Chart Technical Analysis