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RELIANCE ANALYSIS -
🥁 🪘 🎤
There will be a big event on 24th June.
Monthly June expiry + RELIANCE AGM meet.
Reliance had declared dividends & results.
This is going to be history in the Indian stock market.
Just imagine what is the urgency for reliance to call an AGM meeting, declares results and gives off dividends.
what might be?
Is RELIANCE bringing some good or bad news for the market? whatever but my analysis says this AGM meet has huge mathematics behind the scene.
Announcement Might be are -
1) Demerger announcement
2) Aramco deal announcement
3) Aramco board presentation
4) The biggest company, of course, can manipulate the market on 24th June with an expiry day😃
Reliance will be bullish above 2275,
Uppar targets will be 2375 / 2442 /
2500 levels.
Reliance will be bearish only below 2150,
Downside targets will be 2100 / 2050 / 2020 levels.
Reliance may change the market scenario in up coming days.
HDFC LIFE ANALYSIS -
HDFC LIFE looks technically strong.
HDFC LIFE will be bullish above 711 levels.
HDFC LIFE uppar targets 730 / 750 / 777 levels.
BHARTIARTL ANALYSIS -
BHARTIARTL is trading in a symmetrical zone.
Breakout of the symmetrical triangle will make a big move.
BHARTIARTL will be bullish only above 551 levels.
Targets for upside 570 / 575 / 585 levels.
AXIS BANK ANALYSIS -
AXIS BANK is trading in a range-bound between 760 -720 levels.
AXIS BANK will be bullish above 760 breakouts levels, for upside 777 / 790 targets.
AXIS BANK will be bearish below 720 breaks down levels, for downside 705 / 680 targets.
HCLTECH ANALYSIS -
HCLTECH accumulation zone will be 950 levels.
HCLTECH upper targets are 999 / 1050 / 1070 levels.
TECH MAHINDRA ANALYSIS -
TECH MAHINDRA accumulation zone will be @ 1080 levels.
TECH MAHINDRA upper targets are 1090 / 1111 / 1200 levels
DISCLAIMER: The above charts analysis is for educational purpose.
A WEEKEND THOUGHT -
