RELIANCE CAPITAL Bouncing from Support level, @530...

RELIANCE CAPITAL LTD. (BSE:RELCAPITAL)

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BSE:RELCAPITAL RELIANCE CAPITAL LTD.

Support and Resistance Candlestick Analysis RELCAPITAL

supportandresistance candlestick relcapital

RELCAPITAL Daily chart shows multiple support level at 530 zone. Stock bouncing from that level with Bullish engulfing candle. Stochastic also getting up from Weakness zone (I don't like to call it Oversold zone). Stop loss below 520 on daily candle closing basis. Targets: 650/750. Time frame for target 30 & 50 Days.

Trade fechado: stop atingido:

Stops hit, Exit.

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