Technical Views:RIL and Jet Airways

By | July 14, 2011

 

3 bomb blast explosions have taken place in Mumbai. Let’s hope and pray that people are safe and things return to normal soon.!

Lets pray for the People who are affected by the Bomb Blast.

Jet Airways

 

Jet Airways has been stuck in a trading range of 470-506. Crude Rising is negative for the Stock

It becomes a good candidate to sellas per RSI and Stochastic

Sell below 484.6 Tgt 481 and 476

Reliance

RIL is taking support of the Red Trendline drawn and Stock went below the trendline but quickly recovered from the broken trendline.

Stock main supply zone is 873 levels and above it 883 levels where it gave the breakdow.

 

Buy above 869 Tgt 873,879 and 884

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