Friday, October 8, 2010

Reliance media works..be cautious...trade with proper stoploss in it

Reliance media works..be cautious...trade with proper stoploss in it...it may give u nice gains ...but may sweep off a large amount  from your account too ...so  please enter in it after confirmation of its trend and as and when price will move in profit zone just protect your gains with trailing stop loss orders ....
stock moved up by 40 % in single session ...which was a surprising move ...and next two sessions were after its up move  are showing bearishness on chart...lower close and shooting star  ...so you can enter in this  high risk high reward trade ....
Ride on trend ...
trade with stop loss order
Trade under technical advisors supervision ..
Last close price 285.30
Levels
245 >><<261>>><<<271>>><<<280>>><<<286 >>><<<290 >>.<<<299>>><<316>>>


 please note ...below 286 ....use bearish pattern and above it bullish..seeing the market trend ...



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