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Tuesday, August 2, 2011

RELIANCE - 816 IS LAST CRUCIAL SUPPORT

No ….We will Not Buy !!
Will sell with stop of 842-846 level.
Yes ,Around 840-842…..Sell it and keep a stop of 846.
In the fields of observation, chance favors only the prepared mind.
Yes ,After looking at Monthly & Qtly chart it looks 814 is Major Support.
Three Consecutive close +Weekly close below 814 level……..
If Happens then ??
We see Bloodbath and Panic upto 664-614 level.
Now ,Either u are A Trader or Investor -Just have a eye on 814 level.
Forget Fundamentals ,Forget Everything.Just think about 814.Think about Chart !
(Suppose this happens then think where will Sensex /Nifty will go ?? )
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