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Reliance Communications Stock Analysis


RELIANCE COMMUNICATIONS
Charts updated for - 12th January 2015 to 16th January 2015.




  • Stock moving in down channel formation, this indicates as long as Reliance communication moving in between its pattern bears will be favored.
  • Technical chart also indicates stock will find strong support around 75 levels as per 161.8% fibonacci retracement.
  • Charts also indicates that stock is finding strong trend line support around 75, some bounce back can be seen as long as stock holds above 75, and if moves up then will find resistance around 100 as shown in chart no3. Close Watch.
  • Visit this page daily for best free stock analysis on Reliance Communications Futures.
  • Also see :-  Nifty futures technical analysis chart free.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.