ICICI broke its daiy and weekly resistance of 393, now at 402. Hold it for T1-423
Buy above 856 (5 min candle most close above 865) T1- 864 T2- 869 SL- 833
SL 11200 If sustain above 11225 then T1 - 11260, T2- 11312
SL - 21150 T1- 21900 T2-22200 T3- 22800 Time -2-3 days
Downside : If Break 152 and sustain, T1-146, T2-140, T-135 Upside: If Break 154, T1-160, T2-170 Its oversold zone, should move upside.
Consolidating since last few days and ready for move up. SL - 355 T1- 412 T2- 467
In consolidation, either side break is possible. BUY If sustain above 300 for 15 mins then can go to 320 SELL If breakdown below 296 and sustain for 15 mins then can mve down to 285.
Making a CUP & HANDLE. Its overbought, a correction is expected. Sell for a target of 720 and 680. 2-4 weeks.
Strong Buy with a SL of 148, Target is 165 and above.
For longer time frame 3-4 years, reliance may touch 2200. For shorter time frame 2-4 weeks, reliance may touch 1615. Wait for 1720; and if closing below 1720 then short it for target of 1615. Its already in overbought zone.
If break 196 then can touch 202. Strong support at 187. IF break down can go 172.
Weekly Analysis: Flag Pattern, respecting fib 38.2% level. One more candle to decide either side breakup. Upside if break 44.10 then can go to 52 in a week. Downside if break 41.10/40.60 then Target is 35.