Thursday, January 27, 2011

Reliance : Ready For a Breakdown??

With primary trend being down, many stocks which were trading in a range have started to break down......Reliance the big daddy of Indian stock market is also trading at lower end of its range in which it is stuck for more than one and a half year.Today it broke an important support of it would be interesting to see if reliance is able to hold 917 levels............. because once it breaks that level we could see 750-700  in reliance.

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