Gold looks very positive as It strongly rebounded From near its support levels 47640/47700. Immediate Target 48800/49000
720 has been a big resistance for this stock. A move higher is possible only on closing above 720 levels.
Nifty in the positive zone with a very strong closing today.
RIL did not close above 1620 one more time despite touching 1640 levels at opening. The candle formation indicates a down move towards 1590 levels before it attempts to move towards 1620
