Market Outlook On broder basis: Two different probablity , Ril Buy or Sell

Dear All,

On sensex Chart we can observe a Falling wedge , A bullish sign. Sensex closes at 15024 if this falling wedge to work then Sensex need to sustain above 14500 levels any close below will cancel this pattern , On upper side we can expect a Target of 15350, 15650 and 16050 see charts

.............Now Second probablity is that We can also observe H&S Pattern on Sensex chart a Bearish sign , If we break 14700 then we can head towards 14000

See charts

Let see who wins Bulls!!!!!!!! or Bears !!!!!!!

Is Ril a Buy or sell.............we recommend to buy Ril at 1940 cmp target 1980, 2035 stoploss at 1900

In coming one or two trading session ........Reason Kindly see the charts

Thanks & Regards

Abhay Mehrotra