Last close: 1588.80 (+3.3%)
Reliance again given weekend surprise, US based TPG has invested 4546.8 Cr or 0.93% and L Catterton equity firm also invested Rs 1894.5 Cr or 0.39% in RelianceJio platform
Totally 10 deal was done in last one and half month in Jio platform.
Total investment was Rs 1,04,326.65 Cr or 22.38% stake.
Now, Chart indicates a strong resistance and breakout point 1615-1620
Once if breaks and holds above the level……… We see all round buying!!
Finding a next intraday resistance at 1640 and 1685+
Suppose if not breaks 1620 and holds below 1560, Finding a supports 1535 and 1500
Closely watch at 1615-1620……….. Are you ready to catch above the level ?
Updated : 12.26 PM / 14th June 2020
