IGI Logo

Reliance Industries (RELIND)

Buy Reliance Industries Ltd CMP 2378.10; Initiation Range 2368-2372; Target 2398.00 ; Stop Loss 2354.00

Rationale Falling channel breakout and price rebounding after taking support at previous low signalling resumption of up move

Daily candlestick chart

LIC Housing Finance (LICHF)

Sell LIC Housing Finance CMP 371.40; Initiation Range 372.50-373.50; Target 367.80; Stop Loss 376.20

Rationale Price breakdown below last two months trading range and sustaining below 200 days EMA signalling continuation of the corrective bias in coming sessions

Daily candlestick chart

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html
SEBI Registration number INZ000183631

Above views are of the author and not of the website kindly read disclaimer