Tuesday 5 February 2013

Trading ideas for 06-02-2012



Reliance: 



Reliance is at trend line support. 870 and 860 is support for the share while resistance comes around 881-883 zone.
Risky players can attempt long keeping 34dEMA as sl (Rs 4 risk) more strength above 884 (Initiate conservative long above this) ....

Wipro:



Wipro at critical point ... Trend line support comes at 403 and 34dEMA stands at 401.5  which will provide support...  Resistance comes around 411-413... 

Strength above 413(Conservative long) weak below 400 ( Conservative shorts) 



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