Note:FII has no interest in CASH segment now a days ,they are net seller everyday,if you check in BSE & NSE sites.They are active in F&O segment only
RELIANCE CAN MOVE TO 1020 LEVELS
With bearish sigmals in Stochastics plus news about Reliance Industries’ production cost going up due to falling gas output,will take stock to 100 days DMA (ie,1020) in daily charts.Reliance made a strong move from 978 levels to 1074 in 8 trading days.If we look in F&O segment also CALL WRITERS have huge positions in 1040 strike (ie,13 lakhs ),so an expiry atleast near or below this strike is quiet possible in this counter.
Note:FII has no interest in CASH segment now a days ,they are net seller everyday,if you check in BSE & NSE sites.They are active in F&O segment only
Note:FII has no interest in CASH segment now a days ,they are net seller everyday,if you check in BSE & NSE sites.They are active in F&O segment only
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