Technical Calls:BHEL,Rel Cap and ICICI Bank

Reliance Capital

rel Cap

Reliance Capital has been going above the Fibo Fans for a day and than again pulling back. If this trend continues today or tommrow it should give a pullback. Positional traders keep an eye of 343 levels on closing basis any close above it will target 364 and 377 in July Series.

BUy above 339 Tgt 341,343 and 345 SL 337

Sell below 334 Tgt 331,328 and 324 SL 337





ICICI Bank is near an important fibo spiral resistance of 1076. Any close above it will give a traget of 1131 is short term basis.

Buy above 1076 Tgt 1083,1090 and 1095 SL 1071

Sell below 1062 TGt 1056,1050 and 1045 SL 1065




BHEL is approaching its breadown level of 175,ANy close above it will target 200 in short term.

Buy above 175 TGt 178,181 and 184 SL 174

Sell below 171 Tgt 167,165 and 161 SL 174

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