CHARTS AND PATTERNS ANALYSIS
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FlamingText.com
Sunday, March 4, 2012
RELIANCE INFRA ANALYSIS
RELIANCE INFRA DAILY CHART
RESISTANCE @ 625
SUPPORT @ 575
IF PRICE BREAK AND CLOSE ABOVE 625 THEN WE EXPECT PRICE MAY HIT 650 IN COMING DAYS.
20 SMA ACTING AS SUPPORT @ 595
REL CAPITAL ANALYSIS
RELCAP DAILY CHART.MAIN RESISTANCE @ 445 AND SUPPORT @ 390.200 SMA ACT AS SUPPORT @ 408.
NIFTY ANALYSIS
Nifty daily chart.SUPPORT @ 5295 & 5268.Resistance @ 5395 and 5450.Nifty trading below 20 sma (5415).It is not safe for bulls.
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