MTECHTIPS:- RELIANCE:- RELIANCE and closed below 1 week low with volume signals down breakoutCurrently RELIANCE is in HOLD SHORT position The share is in downtrend For short term buy only if close above 948.0 The RELIANCE is now trading is approaching oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 88 % indicators.
Intraday trend-Buy is advised above 937.9 with a stop at 912.5 Below 905.2 go for sell The intraday signal is SELL and it is supported by 78 % indicators. WWW.MTECHTIPS.COM