[Technical-Investor] NIFTY, RELIANCE & SHANGAI - ANALYSIS

 

NIFTY ANALYSIS – Bullish Engulfing Pattern

 

 

 

RELIANCE ANALYSIS - Bullish Engulfing Pattern

 

 

 

 

CHINA WEEKLY CHART:

 

The Shanghai Composite Index has been the out-performer last week closing almost 4 per cent higher. This index has also moved past the intermediate term resistance of 3,164 last week implying that it could now retest the next impediment at 3,500

 

 

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