The results of RIL announced in the evening and buy back price of up to 870/share fixed (not an encouraging price for future). The golden ratio analysis is self-explanatory on the monthly chart of 33 months.
Also an earlier post on RIL on July 30th would interest the readers. The link is here where the downside target of 700 was met gradually. : http://niftyintradaycalls-vk.blogspot.com/2011/07/ril-leader-is-becoming-index-bleeder.html
No comments:
Post a Comment