Wednesday, May 8, 2013

0003RelianceInd08May2013 – Bears trying to pull down

Logically the scrip is expected to go and touch 840-845 levels which is the next resistance. But today the bears tried to pull the stock down. So I would recommend to keep a trailing stoploss of 821 (just below the last low). If it goes up, good, but if it's pulled down, you can save on some profits from shaving off.

No comments:

Post a Comment