tag:blogger.com,1999:blog-7148222695370746347.post7281648171189569264..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: About Support and Resistance levels in stock chart patternsSubhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7148222695370746347.post-16967154740009900212010-01-10T21:00:23.984+05:302010-01-10T21:00:23.984+05:30Hi Sanjeev
When the article was written, Reliance...Hi Sanjeev<br /><br />When the article was written, Reliance had not issued the 1:1 bonus shares. The current charts are adjusted for the bonus shares. So the price in Sep '07 is probably showing as 1200.<br /><br />Divide all the prices in the article by 2, and you should have no problems in understanding the support and resistance levels.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-17825945517281399702010-01-10T13:56:01.171+05:302010-01-10T13:56:01.171+05:30Hi Dear, I have tried to learn by drawing the char...Hi Dear, I have tried to learn by drawing the chart as per yours but it is my dismay to know that Relaince 500325 has not reached upto the level of 2400 in sep2007 onwards as mentioned in your charts, kindly clarify it so that i can refine my knowledge and data.Unknownhttps://www.blogger.com/profile/11162709636072230233noreply@blogger.com