Google+ RELIANCE UPDATE ~ NIFTY DEMYSTIFIED

Wednesday, June 10, 2009

RELIANCE UPDATE


This was the first chart posted on RIL on 4th of June, where we got target of 2355/2370 and 2408.Today it almost met the first target by recording a high 2346. Now look at the shorter term movement from the point "C" on the above chart.

And that's again confirming the 2408 , converging exactly with the 4th June level of 2408. 2444 is a possibility, but it's very narrow.


Thank you! :)
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