Trading Views on RIL,ICICI Bank and Petronet

By | January 18, 2011

Petronet LNG

Petronet is forming a triple top with MACD giving a positive crossover

Buy above 131.7 tgt  133.5,136 sl 127

ICICI BANK

ICICI Bank is trading near its 200 DMA and in channel as shown in chart

Buy above 1024 tgt 1035 and 1047

Reliance Industries

Reliance is forming a symmetrical triangle on daily chart and if the holds the low of 980 and reverse back than we can see a rally till 1100 in RIL before expiry.

Buy above 980 Tgt 997,10051015 and 1023 Sl 970

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