Today's Buy Levels

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uasish

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anujbhatia,

RIL(Cash) in long tern weekly time frame ,is tryinh to get over from the correction phase.
In Daily 2120.0 was the last significant bottom it should not try to breach that.Hence we are about 15 % above from that.Hence any position has to be planned accordingly.
On Daily chart 2 imp things popped up,1 that the High of 2452.80 made on 2nd is a Resistance point,yesterday with lesser vol made a High of 2418.Watch out closely the volumes at 2450 to 2475 ,if it can sustain then a fresh upmove to close above 2467.25,will make weekly favourable.
Another imp thing has come up into backing @ 2362.70 which if not breached signficantly in today's intraday then a fresh Up move of 3% can be expected,provided all the crieterions fullfilled.
Hope this satisfies you.

Asish
 
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