RELIANCE

After a long consolidation zone, Bullish Flag pattern with a asymmetric triangle breakout could lead to fresh upside rally. Major event of AGR dues is currently out of way & Reliance is making in-roads in retail business with acquisition of Future group, which may add about Rs.100/150 to current price.

MIDHANI

Is Breaking descending triangle pattern, and MACD Histogram up. Breakout Point at 197. Enter at the current price of Rs.202.35. Target 1: 248, Target 2: 290. Stop Loss at 187, under 50 EMA.