Nifty has been correcting from past few trading sessions and technically looking week. I have analysis ed the chart of 3 Heavyweight (RIL,TELCO and Hindalco)which can give us clue about Nifty moves in coming Days.
Reliance Industries
RIL has done nothing from past 2 years.The above is Weekly chart of RIL for 2 years.RIL has been trading in the range from 880-1200 from past 2 years.
880 has been long term support.Break of that will not only have bearish implication on RIL but Index also.
Crimson Red will the color your should fall in …
Read the full story »
