[MMB RI] If crossed 1350 2day it will kiss 1384 next stop 1459 shorting r confidence at 1345 till it not crossed 1360
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The broader market (Sensex, Nifty) is showing significant positive momentum, with Sensex zooming over 2,800 points. This general bullish sentiment could influence retail traders' outlook on individual large-cap stocks like Reliance.
What happened
The broader market (Sensex, Nifty) is showing significant positive momentum, with Sensex zooming over 2,800 points. This general bullish sentiment could influence retail traders' outlook on individual large-cap stocks like Reliance.
Why it matters
Given the speculative nature and the broader market's strong upward trend, traders might look for confirmation of these price levels with higher volume and institutional buying, rather than relying solely on MMB posts.
Impact on Indian markets
For Indian markets, this story mainly matters for the Diversified pocket. The current signal is mixed, so traders should watch whether the effect spreads across the sector or stays limited to a single name.
Stocks and sectors to watch
Sectors in focus include Diversified.
What traders should watch next
Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.
Trading Insight
Key Evidence
- •Speculates on a stock crossing 1350 today to reach 1384, then 1459.
- •Suggests shorting confidence at 1345 until it crosses 1360.
- •Source is 'mmb_reliance', indicating the discussion is likely about Reliance Industries.
- •Risk flag: Information from Moneycontrol Message Board is highly speculative and unreliable.
- •Risk flag: No fundamental or technical analysis provided to support the price targets.
Sources and updates
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