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| Discuss new year gift---Descending triangle failure for RIIL at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello friends, Happy new year to all of u! here is very very strong scrip ... |
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#1
31st December 2007, 11:08 PM
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new year gift---Descending triangle failure for RIIL
Hello friends,
Happy new year to all of u!  here is very very strong scrip for short-term. RIIL ( Reliance Industrial Infra Ltd. ) Technicals: for RIIL 1) Fib Retracement 2) Upmove on good volumes, correction on decreasing volumes. 3) Descending Triangle FAILURE 4) Gap up move out of congestion See ya, Winston Last edited by winstonn : 15th January 2008 at 08:25 PM. 
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#2
1st January 2008, 01:19 AM
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Re: new year gift---Descending triangle failure for RIIL
What will be the next support or target to exit?
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#5
2nd January 2008, 03:47 PM
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Re: new year gift---Descending triangle failure for RIIL
Quote:
Would you think that RIIL will hit UC's regularly? Does the chart or your analysis indicates this? As RIIL has been hitting UC's since last 4,5 days. Would it suggest that it will continue its trend? Please advise. There are many board members of Traderji who are holding this stock since long time and if you search there is a dedicated thread also for REL Infra. Hoping to hear from you soon. Regards!
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#7
2nd January 2008, 03:51 PM
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Re: new year gift---Descending triangle failure for RIIL
Quote:
Fingers Crossed C'ya
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#8
3rd January 2008, 06:52 AM
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Re: new year gift---Descending triangle failure for RIIL
Quote:
Do you mean stop loss is 1880? Or any chances to cross 5000? this stock ? I heard this going to be multibagger. Cheers -vik
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