RELIANCE COMMUNICATIONS
Showing posts with label reliance communications. Show all posts
Showing posts with label reliance communications. Show all posts
Reliance communication share price chart and trading tips - Stock has formed head and shoulder pattern in daily chart - updated for 28th December 2015, Monday
RELIANCE COMMUNICATIONS
Reliance commutations has formed head and shoulder pattern in daily chart, technical indicates bulls will be favored once it closes and holds above its pattern @ 88.
As long as stock holds below 88 trend will be mix and chances are high that stock may see some correction.
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Stock major trend indicator macd and slow stochastic is moving in positive zone this will favor bulls and expecting stock price to rise further up.
On December 24, 2015 stock price of Reliance communication closed at 86.05.
Stock was on news - Reliance Communications has put on hold the launch of the Facebook Free Basics service following TRAI directive to this effect. “As directed by TRAI, the commercial launch of Free Basics has been kept in abeyance, till they consider all details and convey a specific approval,” a Reliance Communications spokesperson said on Wednesday.
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Reliance communication technical analysis chart updated on 16th July 2015, Thursday.
Reliance communications finding strong resistance at current levels (70.50) i.e 200 days moving average and trend line resistance as shown in above image.
Technical indicates further bulls action can be seen once it closes and holds above its resistance zone @ 70.50.
Intraday share market tips update for 16th July 2015, Thursday.
Reliance communications looks good above 70.50.
Resistance around 72.50, 74.
S.L 69.50.
RELIANCE COMMUNICATIONS moving in down channel pattern and finding strong support at current levels - Chart updated on 03rd April 2015, Friday.
Stock moving in down channel pattern this indicates bears trend, but currently stock is finding strong trend line support at current levels. Technical indicates price rise can be seen in Reliance Comm as long as stock holds above its trend line support zone.
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RELIANCE COMMUNICATIONS witnessing selling pressure from golden ratio.
RELIANCE COMMUNICATIONS
Charts updated on - 23rd February 2015.
- Stock currently witnessing selling pressure from golden ratio @ 77.50, chart indicates as long as it holds below further weakness can be seen. On down side will find strong support around 66.50.
- Stock Analysis On Reliance Capital.
- Free Forex Charts.
RELIANCE COMMUNICATIONS moving up from bottom, close watch on resistance.
RELIANCE COMMUNICATIONS
Charts updated on - 16th February 2015.
- Stock currently moving up from low, if moves up further then levels to watch out for (fibonacci retracement) around 73.25, 75 and 77.25.
- On down side Reliance Communication will find support around 66.50.
Reliance Communications closes below its 161.8% fibonacci retracement, previous support will now act as resistance.
RELIANCE COMMUNICATIONS
Charts updated on - 12th February 2015.
- Stock has closed below 161.8% fibonacci retracement around 70, this indicates as long as it holds below bears will be favored, as previous support will now act a resistance for Reliance Communication.
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RELIANCE COMMUNICATIONS made a bearish breakout, further weakness expecting in coming days.
RELIANCE COMMUNICATIONS
- Stock is coming down from 50 DMA, chart indicates as long as holds below bears will be favored.
- As per current charts stock has made a bearish breakout as it has closed below its previous bottom @ 75, as long as RIL COMM holds below 75 bears will be favored and its previous support is now acting as a major resistance. Close Watch.
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RELIANCE COMMUNICATIONS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock witnessed selling after breaking its head and shoulder formation, close watch stock is now at strong support around 106.50. (Updated on 15th September 2014, Monday).
RELIANCE COMMUNICATIONS
- As per previous report published on Reliance Communications, stock failed to close above its major resistance that was between 155-165 and from those levels stock fell down and so far made a low around 108. (Click here to see previous report published on RELIANCE COMMUNICATIONS).
- As per current analysis , stock is finding strong support around 106.50, if Ril Comm closes below its trend line support @ 106.50 and holds below then further weakness is expecting. But as long as stock holding above its trend line support down trend will not be clear and we may see come correction (as shown in chart no1).
- Also See - TORRENT POWER coming down from trend line suppport, will favor bulls once it closes above till then stock can see some correction.
- Intraday Tips - If Ril Comm hold and stays below 106.50 during trading hours then intraday weakness is expecting.
- As per chart no2, stock has witnessed selling after breaking its head and shoulder pattern and now at support.
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- Stock is also trading below its 20 DMA , as long as trades below bears will be favored as per moving average studies. Once stock closes above 20 DMA then stock will show first sign of bulls. Close Watch.
- Click here to see all the free trading reports (tips) published by us on RELIANCE COMMUNICATIONS.
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Tips On Share - RELIANCE COMMUNICATIONS facing strong resistance between 155 - 165. (Updated On 25th June -2014, Wednesday).
- RELIANCE COMMUNICATIONS is facing strong trend line resistance between 155 - 165 as shown above, chart indicates stock will not give clear signals till stock comes out from its trend line resistance levels.
- Weekly Chart too indicates that stock facing strong trend line resistance around 155 and next resistance around 165. Even short term trend of Reliance Communications is not clear.
- Monthy chart indicates that stock is trading above 50 months moving average , indicates that stock to favor bulls as long as stays above. Chart also indicates that stock came down from 38.2% fibonacci retracement earlier if now breaks and closes above 38.2% fibonacci retracement in monthly chart then looks good for long term trade. Close Watch.
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- Stock was on news - RELIANCE COMMUNICATION is launching a share sale to institutional investors as it looks to reduce debt. The company said it would sell shares for Rs. 142.13 each, or a discount of 5 per cent to the floor price, but the company did not specify the number of shares being sold in the offering. (Source NDTV PROFIT).
Next Stock Updated on 25th June 2014, Wednesday Around 5:00 pm
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