Reliance Inds --- Near to 73.6% retracement just like 2008. So expect a bounce back.
Have never given a buy call on Reliance Inds since a long time. After LnT this is the next large cap which is under radar on accumulate.
Will keep a stoploss of 620-640 for it.
Another interesting link on it http://www.firstpost.com/business/with-rs-300-per-share-cash-reliance-falls-below-rs-700-168832.html?utm_source=MC_TOP_WIDGE
Well i dont rely on Reliance cash but its more a technical call.
TECHNICAL ANALYSIS TRAINING SESSION
ONLINE TRAINING PROGRAM --- JANUARY 7-8 th ( At a very attractive price )
MUMBAI SESSION ------- JANUARY 14-15