RELIANCE CAPITAL 22-JAN-2013

NSE BSE STOCK MARKET OUTLOOK 22-JAN-2013

An intraday trading opportunity has come up in RELCAPITAL.
See the below chart.

Buy RELCAPITAL around 487 with stop loss 482 for targets 493-498.


For Nifty and more such stocks email us at jerryetchnicals@gmail.com

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Disclaimer: This is not a recommendation/ solicitation of any order to buy or sell, but my view on indian stock market. I assume no responsibility for any opinion or statement made in this postr. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Stock Market Today - Flashback

Flashback

As i had writen, it was a very difficult day indeed to trade.

I had writen on twitter to watchout for axis, relcapital and relinfra.

Out of these relcapital was outperformer by a long way. It just rocketed on the upside.

RELINFRA also rocked on the upside.

AXISBANK was a dud.

Yesterday night dow made a high of 10430, just i like i had writen in

http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

As expected, dow has met with stiff resistance in the supply zone.