Reliance Long term resistance

Check following chart of reliance which shows that
there is long term resistance line which gives
resistance at 2250 level.
It should take support nr 1800 level.

1 comment:

stock news said...

Key benchmark indices are likely to open higher in the morning session amid easing concerns about Dubai's financial crisis. However, Asian markets are also witnessing strength in early trade which sets the mood for a higher opening. Meanwhile, the UAE central bank eased credit for lenders and said it stands behind the country’s local and foreign banks as they face losses from Dubai World’s possible default. Banks and real estate stocks, which were volatile on Friday, will be watched today.

According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 769.76 crore, while they bought index options worth Rs 433.13 crore. They were net buyers of stock futures to the tune of Rs 165.77 crore and bought stock options worth Rs 13.22 crore.

More details