Wednesday, November 3, 2010
ANALYZING RIL AFTER "q2" RESULT
THIS GIANT HAS BEEN BOUNCED SHARPLY FROM A DEEP 920+ LEVELS TO 1100 LEVELS NOW BROKEN 1100 AND TESTING 1050 LEVEL.
WHERE THIS STOCK HEADING?
AS PER TECHNICAL CHART INDICATING MILD DOWNTREND BEFORE STRONG REBOUND AND THIS STOCK HAS A HUGE SUPPORT AROUND 1040-1060 LEVEL AND WILL REMAIN BULLISH.
UPPER SIDE RESISTANCE "1108" IF BREAKS CLOSES ABOVE THIS LEVEL THEN NEXT TARGET 1148+
OVER ALL CONTINUE TO HOLD THIS STOCK UNTIL MAJOR SUPPORT LEVEL BREAKS
WITH LOVE & REGARDS
PEARL KUMAR
NOV 3 11 PM
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