Sunday, June 26, 2011

Reliance Industries- Buy,Sell,Hold & Price Target June/July 2011- Technical Chart

RELIANCE closes at 871.40 on 24 June 2011 with a gain of + 0.10% with formation of a Bullish Harami Cross on Weekly  Techncial Chart( Bearish Hanging Man on Daily Chart).It is now Showing Strength and the  Down Trend is likely to over in next few Trading session. Major Momentum Indicators are gaining strength. Buying above 887 for target of 936/985 with strict stop-loss of 869 will be a Profitable Trade for the week ahead.

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