Technical Calls:IDFC,Rel Infra and Rcom

By | August 1, 2012

Reliance Infra

Rel Infra is breaking an Important resistance zone of 506,Break of same will lead the upmove till 531

Buy above 506 Tgt 510,514,525 and 531

 

RCOM

RCom after a waterfall decline stock is forming a base formation and a trading range between 53.4 – 57.4. Mass psychology for the stock is quiet bad and everyone want to short it. Right time to go for long trade with Sl of 53 for positional trade.

 

Buy above 57.3 Tgt 57.7,58.5 and 59.4

 

IDFC

Trendline resistance is on verge of breaking

Buy above 135.6 TGt 136.7,138.7 and 140

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