Sunday, March 22, 2015

Reliance Capital - Analysis


Reliance Capital clearly shows the trend is solid weak......

See how the novice traders were trapped when Insurance Policy Bill in the Lok Sabha passed and used for selling opportunity by professional traders...

Next day gap up and closed below previous close, after supplied everything....

Now...again trading below...breakdown level.....101% this is very much weak....it is following RCOM chart pattern....

So..avoid invest thinking "Low"...you can see deep correction.....so....just avoid Reliance Capital as a Investment Buy (if anybody has planned)..

The above information is based on level and no way based on fundamental or trading call...just our observation...taking decision upto the individuals....no way it is recommendation..

Take Care...

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