Thursday, August 17, 2006

RELIANCE


reliance can target rs.1250 and falling crude would support my view and rs.1100 which is a double top is resistance but, I think that will be broken as u can see from chart left side red colour that is volume on price and it is quite narrow at 1100 showing not much action at 1100. 1190 levels can be the strong resistance after that ii will be in uncharted region.

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