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Rel Capital: Bottom fishing or trying to catch falling knife...

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Rel Capital
Cmp 129.50

The stock has taken a lot of beating not just in the last couple of days but for a year or so....

It is difficult to say whether it can be considered bottom fishing or if we are trying to catch a falling knife.
That only will be answered in future with hindsight in perspective.

So for decision making today so far as the green trendline holds we can look for target of 144 / 151 / 162 / 188.


Trade cautiously

Take care and safe trading...!!!
Đóng lệnh: đạt mục tiêu
Made a high of 143.90 so far.
Cmp 143. Thats 10% for the taking...!!!

Consider booking profits as per risk apetite.

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Thanks & regards
Vaibhav Deshpande
Indiamarketoutlook
Ghi chú
There you go.... Makes a High of 145
Ghi chú
T2 of 151 achieved
Đóng lệnh: đạt mục tiêu
Made a high of 188 so far

All targets done...
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