14 May 2015: Stock Chart Analysis for intraday: RELIANCE, RCOM and CIPLA

RELIANCE (885.10)
Buy above 890/SL 885/ Target 900-905|| Sell below 879/ SL 884/ Target 870

RCOM (64.30)
Buy above 65/SL 64.30/Target 67-68 ||Sell below 63/ SL 63.80/ Target 61-60

CIPLA (676.60)

Buy above 680/SL 676/Target 690-700||Sell below 671/ SL 675/ Target 663-658

I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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