It appears its uptrend may continue unless it closes below 20 dma on closing basis. How market reacts to Tcs result every one is waiting eagerly. and good news for reliance again. Reliance uptrend seems to be continued in hourly time frame stochiastic is in over bought condition. hence any long position should be with strict stop loss. technically it appears no problem with nifty. connect with me for regular updates.
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