Saturday, September 25, 2010

Reliance ...self analysis

call was 
Buy Reliance industries Oct futures here  at  920 .00  and  above  for upside levels 970>><<<1005>><<1030>>><<<1079 >><<1130>> posted on 31 Aug 2010.
see at http://dhanvarshagrp.blogspot.com/2010/08/reliance-chart.html
on Sept 18 we updated
Made a high of 1037.00  before closing at 1033.00
thus  third target achieved in 18 days ...
from here onward be cautious for your holdings...reason is reaching near to 200 day moving average ...breaching will send it above 1100.00 and repulsion may send it to 980.00
Be alerted 
see at http://dhanvarshagrp.blogspot.com/2010/09/reliance-third-target-achieved-in-18.html
on sept 22 we updated 


Reliance ...MACD histogram turned red

and see in chart reliance made a low of 992 .....

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