I had analyzed the charts of RIL and RNRL and posted it here.
Just see what happened afterwards.
RNRL moved to 74.9 and crashed to 52.
RIL reversed from lower channel and is headed towards the upward channel.
This is a classical example of how technical analysis helps in analyzing not only stocks, but events also.
NEXT: NIFTY WEEKLY ANALYSIS
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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