reliance industriesBelow is the technical chart of Reliance Industries, listed on Indian stock exchange, using Ichimoku indicator.

 

 



 

 

 

 

 

reliance industries chart

Price is trading below kumo, Tenkan Sen / Kijun sen crossed already taken place, Chikou-span (CS) line is trading inside kumo. All these factors clearly indicates that one should avoid this stock at this stage. There is not even a single positive factor for this stock. If chikou-span line closes below kumo i.e. 739, we might see free fall of this stock. On the upper side, the main resistance is at 776.

Reliance Industries is in Downtrend | Technical Chart | 21-Mar-2012
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https://images.investmentkit.com/articles/wp-content/uploads/2011/11/Reliance-Industries_190.jpghttps://images.investmentkit.com/articles/wp-content/uploads/2011/11/Reliance-Industries_190-150x150.jpgAdminStock MarketAuto,Below,chart,Draft,indian stock exchange,indicator,Kumo,Mar,nbsp,reliance industries,Sen,span,stockBelow is the technical chart of Reliance Industries, listed on Indian stock exchange, using Ichimoku indicator.               Price is trading below kumo, Tenkan Sen / Kijun sen crossed already taken place, Chikou-span (CS) line is trading inside kumo. All these factors clearly indicates that one should avoid this stock at this...Tutorials to Educate Investors
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